Fresh Del Monte Produce Inc. announced today that the company has entered into an amended and restated $1.1 billion senior unsecured credit facility, with Bank of America, N.A. serving as the administrative agent. BOFA Securities was sole lead arranger and sole bookrunner on the transaction. The amended and restated credit facility amends the company’s credit facility to, among other things, extend the scheduled maturity date of the credit facility from April 15, 2020 to October 1, 2024 and add an accordion feature to increase the maximum availability by up to $300 million, subject to certain conditions and the lenders’ consent.
The company intends to use funds borrowed under the amended and restated credit facility from time to time for general corporate purposes, working capital, capital expenditures and other investment opportunities.
For more information: 
Christine Canella
Fresh Del Monte Produce
Tel: +1 305 520 8433
www.freshdelmonte.com