Sucro Limited (TSE:SUGR) has released an update.
Sucro Limited has secured a significant $325 million credit facility, led by Rabobank, to bolster its growth and expansion in the North American sugar industry. The new financing will support Sucro’s strategy to scale operations and meet the rising demand for refined sugar. Enhanced financial capabilities and favorable terms from the syndicated financing are expected to positively impact the company’s financial results and strategic initiatives.
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