Oct. 13 (Bloomberg) -- Ecom Agroindustrial Corp., a supplier of commodity raw materials, increased a one-year credit line by 51 percent to $530 million after lenders offered more than it sought.
The revolving credit can be extended by one year, and will help the Pully, Switzerland-based company replace its $220 million and 91 million-pound ($143 million) 364-day facilities maturing this year, according to a statement today from lenders.
ABN Amro Bank NV and Credit Agricole CIB arranged the deal that was increased from $350 million when they started marketing it at the end of August, according to the statement.
--Editors: Faris Khan, Chapin Wright
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