Village Farms Amends, Extends Loan With Farm Credit Canada

MT Newswires Live

03/31

Village Farms International (VFF) said Monday it has amended and extended its loan with Farm Credit Canada.

The company said it improved the interest rate on the loan by 50 basis points and extended the maturity date by four years to Feb. 3, 2031.

The loan has a variable interest rate currently below 7%, and a balance of $15.4 million, it said.

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