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Iceland’s Marel secures extension to €700m loan, inks another

The seafood processing equipment manufacturer has secured a two-year extension to its €700m sustainability-linked revolving credit facility and signed a new €150m term loan

By Undercurrent News | July 18, 2023 10:28 BST
Boston Sword & Tuna's new Marel Curio groundfish line in action. Credit: BST
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Marel, a supplier of seafood and food processing equipment globally, has secured a two-year extension to its €700 million ($787m) sustainability-linked revolving credit facility and signed a new €150m term loan, the company announced Sunday [...]

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