Home Add to Favorite Contact Submit  
           28 March, 2024


    
Category:  Press » Agriculture

 

FMC Corporation Executes $1.5 Billion Credit Agreement

Popularity:
         Views: 2111
2011-08-06 22:36:51     
fmc.com

PHILADELPHIA, Aug. 5, 2011 -- FMC Corporation (NYSE: FMC) announced today it has executed a new $1.5 billion unsecured credit agreement with a group of lenders. Loans under the facility can be used for general corporate purposes. The agreement has an option to increase the amount available to $2.25 billion and has a five-year term with the option to extend the maturity for up to an additional two years. The new credit facility replaces two existing unsecured credit agreements aggregating approximately $915 million that were scheduled to mature August 28, 2012.

"This financing commitment is an important element in the implementation of our plan for the next five years, Vision 2015," said Pierre Brondeau, FMC's president, chief executive officer and chairman. "Together with FMC's strong balance sheet and significant cash flow, the new credit agreement gives us ample financial resources to grow our existing businesses, pursue external growth opportunities, and reward shareholders with additional liquidity through share repurchases and a growing dividend stream."

FMC Corporation is a diversified chemical company serving agricultural, industrial and consumer markets globally for more than a century with innovative solutions, applications and quality products. The company employs over 5,000 people throughout the world. The company operates its businesses in three segments: Agricultural Products, Specialty Chemicals and Industrial Chemicals.

Safe Harbor Statement under the Private Securities Act of 1995: Statements in this news release that are forward-looking statements are subject to various risks and uncertainties concerning specific factors described in FMC Corporation's 2010 Form 10-K and other SEC filings. Such information contained herein represents management's best judgment as of the date hereof based on information currently available. FMC Corporation does not intend to update this information and disclaims any legal obligation to the contrary. Historical information is not necessarily indicative of future performance.

Specialized in: Agricultural - Consumer Markets - Agricultural Industry
URL: http://www.fmc.com
Print press release      Bookmark this page
Related Press releases 
Agriculture and Nutrition: Unpacking the Pathways to Reducing Malnutrition (Popularity: ): MILWAUKEE, Wis. - December 26, 2018 -- Integrating agriculture-nutrition programs can increase the quantity and quality of nutritious foods through multiple pathways. Increased household production increases availability of home grown foods for consumption, and income for food purchases. Increased nutrition knowledge, through nutrition education, can change food preferences, and shift purchasing decisions towards nutritious foods.AAEA member, Andrew Dillon from Northwestern University along with Joanne Arsenault, and Deanna Olney, wrote the ...
SlantRange and Microsoft Partner on Scalable Crop Analytics Solutions for Agriculture (Popularity: ): SAN DIEGO - October 30, 2018 -- SlantRange, Inc., a leading provider of remote sensing and analytics systems for agriculture, announced today a new partnership with Microsoft to bring a new set of powerful and scalable aerial measurement and data solutions to the global agriculture market. The partnership will combine Microsoft’s latest Internet of Things (IoT) connectivity and cloud analytics with SlantRange’s proven edge-computing capabilities into an integrated product offering ...
Florida Farm Bureau Holds Conference for Young Farmers and Ranchers (Popularity: ): Gainesville, Fla. - July 04, 2015 -- Florida Farm Bureau will hold its state Young Farmers and Ranchers Leadership Conference, themed “Agriculture in Paradise,” at the Naples Beach Hotel and Golf Club in Naples, July 17-19.More than 180 young people representing Florida’s next farming generation will attend various leadership development seminars at the three-day conference so that they can better promote agriculture in their own communities.“We are excited to have ...
American Farmer to Showcase Air Tractor in Upcoming Episode on RFD-TV (Popularity: ): Olney, TX - November 25, 2014 -- Air Tractor, Inc. announced that they will be featured in an upcoming episode of American Farmer, airing 2nd QTR 2015 on RFD-TV.American Farmer will explore Air Tractor, who for more than 50 years has been manufacturing the world’s best agricultural aircraft in the industry. This segment will go behind the scenes at Air Tractor to uncover their extensive line of Ag aircraft with ...
Achievement in Agriculture Finalists Announced (Popularity: ): Gainesville, Fla. - August 01, 2014 -- Three finalists have been selected for Florida Farm Bureau's 2014 Achievement in Agriculture Award and will compete in October for the top statewide honor.This year's finalists are Trevor Bass (Alachua County), Doug and DeAnne Carter (Suwannee County) and Corey Lambert (Hardee County).The Achievement in Agriculture award recognizes members of Florida Farm Bureau's Young Farmers and Ranchers program who excel in their involvement in ...


Related Business 
Security Bank Corporation, Philippines (Popularity: ): As of December 1997, SBC has an asset of Php 59 Billion and a capitalization of Php 6.8 Billion making the Bank rank 11 among the country's private domestic commercial banks in terms of resources.
Air Conditioning Services & Solutions (Popularity: ): Hill York’s Maintenance Agreement Program provides three solutions that are tailored specifically to the needs of our clients in different industries: Preventative Maintenance Agreement, Labor Maintenance Agreement and Certified Maintenance Agreement.
Compromise Agreement Solicitors (Popularity: ): A Compromise Agreement is a common method of resolving an employment dispute without the need for legal proceedings. Our Compromise Agreement Solicitors offer the independent legal advice that is compulsory under the terms of a compromise agreement. One of our team will also put their name to a Compromise Agreement contract, a further requirement of a deal, proving both yourself and your employer have had separate legal advice in agreeing ...
New Age Credit Corporation (Popularity: ): Provides credit repair by advocating formal disputes to major credit reporting agencies.
Avtex Fibers Superfund Site (Popularity: ): About a sixty five million dollar Superfund redevelopment project in cooperation with the U.S. EPA, VADEQ, and FMC Corporation. Front Royal, Virginia.
Separation Agreement (Popularity: ): Separation agreements - Net Lawman IE provides comprehensive separation agreement for legal separation. DIY separation agreements in plain English. There is no requirement to formally record the agreement you and your former partner reach.
Christian Credit Counselors, Inc. (Popularity: ): Christian Credit Counselors was founded in April 1990. It's a direct offspring of Credit Counselors Corporation which was founded in 1962. Edward J. McTaggart, founder of both, comes with more than 37 years of experience in the credit-counseling field, and was the president of the American Association of Credit counselors for a number of years.
Six Billion (Popularity: ): An online magazine of narrative journalism. There are six billion people in the world. Each has a story to tell.
FMC Corporation (Popularity: ): Manufacturer of agricultural, specialty and industrial chemicals. Source of information on crop protection, insecticides, pest control, termiticides, lithium, alginates, carrageenan, microcrystalline cellulouse, alkali, soda ash, hydrogen peroxide, and active oxidants.
Trelleborg Sealing Solutions (Popularity: ): Trelleborg is a world leader in engineered polymer solutions that seal, damp and protect critical applications in demanding environments. Its innovative engineered solutions accelerate performance for customers in a sustainable way. The Trelleborg Group has annual sales of about SEK 21 billion (EUR 2.3 billion, USD 3.2 billion) in over 40 countries.