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Home : Feronia Secures $49M Term Facility for Palm Oil Operations
Dec 23
2015

Feronia Secures $49M Term Facility for Palm Oil Operations

TORONTO, ONTARIO--(Marketwired - Dec. 22, 2015) - Feronia Inc. ("Feronia" or the "Company") (TSX VENTURE:FRN) is pleased to announce that its palm oil subsidiary, Plantations et Huileries du Congo SA ("PHC"), has entered into a secured term facility agreement (the "Facility") for up to $49 million with a syndicate of European lenders consisting of four Development Finance Institutions ("DFIs"). All amounts in this press release are expressed in US dollars unless otherwise indicated.
Source:http://www.marketwired.com/mw/release.do?id=2084088&sourceType=3
 
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