08:13 AM EDT, 05/31/2024 (MT Newswires) -- Village Farms International ( VFF ) said Friday it has extended the maturity date for its 10 million Canadian-dollar ($7.3 million) revolving line with a Canadian chartered bank to May 24, 2027, from May 24, 2024.

The company said it also made amendments to the operating loan, including expanding its borrowing options that provide for advances based on the Canadian Prime Rate, Base Rate, US Prime Rate, and the Canadian Overnight Repo Rate on top of the Secured Overnight Financial Rate that was already available to the company.

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