Calgary-Viterra Inc. on Feb. 10 announced an offering in Canada of C$200 million of senior unsecured notes with a maturity date of Feb. 16, 2021, and a yield of 6.406 percent. The offering is being made pursuant to the company’s short form base shelf prospectus dated Aug. 6, 2010, and a prospectus supplement to be filed on or about Feb. 10, 2011. “Bond market yields are very attractive. We see this as another opportunity to reduce future financing risk and bolster liquidity during this rising commodity price cycle,” said Viterra CFO Rex McLennan. The proceeds will be used to partially repay drawings on its global credit facility.
Transparency Across the Fertilizer Value-Chain