FMC gets $600 million credit facility

By Sara Rosenberg

New York, Aug. 28 - FMC Corp. closed on a $600 million five-year unsecured credit facility, according to a company news release.

There is a $400 million accordion feature and an option to extend the maturity for up to two additional years.

Proceeds were used to refinance an existing $600 million unsecured credit agreement.

The new facility provides the company with improved pricing and other terms.

FMC is a Philadelphia-based diversified chemical company serving agricultural, industrial and consumer markets.

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