FMC to repay term loan with revolver borrowings from subsidiary

By Sara Rosenberg

New York, Dec. 19 - FMC Corp. plans to repay its $244 million term loan using a majority of the proceeds from a new €220 million five-year revolving credit facility that its European finance subsidiary completed on Friday, according to a company news release.

FMC is a Philadelphia-based diversified chemical company.

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