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twitterSeed company gains new loans
Thursday, Oct. 28, 1999 | 11:31 a.m.
HENDERSON -- AgriBioTech Inc. said it's replacing a $100 million revolving credit facility with a $115 million line of credit arranged by GE Capital and a syndicate of lenders. AgriBioTech said it will also receive a term loan of up to $20 million.
"With this firm financial footing, we can increase our efforts to develop, produce and sell improved varieties of grass and forage seed," said Chief Executive Richard Budd.
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