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Tag Archives: Sanderson Farms Inc. Joe F. Sanderson Jr.

Sanderson gets new, increased credit for future growth

LAUREL — Sanderson Farms Inc.’s existing revolving credit facility through a consortium of banks has been increased from $500 million to $600 million. The credit remains unsecured and certain covenants related to the poultry company’s financial condition and capital expenditure needs have been amended in anticipation of Sanderson’s future growth plans. In addition, the termination date has been extended to ...

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