September 7, 2010 (FinancialWire) (Go to http://www.financialwire.net/?s=ftrdnwswnd for all of today’s featured news.) — Corn Products International, Inc. (NYSE: CPO), a provider of food ingredients to various industries worldwide, said that it has entered into a new three-year, senior unsecured $1 billion revolving credit facility available for general corporate purposes.

The facility replaces the company’s existing $500 million senior unsecured revolving credit line, which would have matured April 26, 2013.

Corn Products also entered into a 364-day, $1.35 billion bridge term loan credit facility under a commitment letter. That facility is available to finance the company’s acquisition of National Starch and related expenses.

Illinois-based Corn Products is a major of high-quality food ingredients and industrial products derived from the processing starch-based materials.

The company is a producer of dextrose and a regional producer of starches, sweeteners and other ingredients. In 2009, Corn Products International reported net sales of $3.67 billion, with operations in 13 countries at 28 plants, including wholly owned businesses, affiliates and alliances.

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