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Stock impact report

Village Farms International Announces Favorable Amendment to FCC Credit Agreement

Village Farms International, Inc. - Common Shares (VFF) 
Last village farms international, inc. - common shares earnings: 3/30 07:25 pm Check Earnings Report
Company Research Source: GlobeNewswire
VANCOUVER, British Columbia, April 14, 2025 (GLOBE NEWSWIRE) -- Village Farms International, Inc. (“Village Farms” or the “Company”) (NASDAQ: VFF) today announced that it has favorably amended a credit agreement with one of its term lenders, resulting in improved terms, and greater financial flexibility which aligns with the Company’s strategic focus on its expanding cannabis businesses internationally. The Company announced that it has amended its Fresh Produce loan with Farm Credit Canada (“FCC Loan”) to improve financial covenants which will enable the Company to progress its business without continued waiver requirements. These changes reflect considerable expansion and growth of Village Farms’ business since entering into the original credit agreement in 2013, as well a recognition of the Company’s stronger strategic focus on its growing cannabis business. The FCC Loan carries a variable interest rate below 8.0 percent and matures on May 3, 2027. Other material terms for the F Show less Read more
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