Bunge increases its accounts receivable securitization program to $1.1 billion and adds enhanced sustainability linked targets

St. louis--(business wire)--bunge (nyse:bg) has closed on an amendment of its accounts receivable securitization program increasing its committed capacity from us$925 million to us$1.1 billion. in addition, the interest rate under this program is now linked to the company's five core sustainability targets tied to its recently established science-based targets (sbts). the targets define bunge's climate goals and reinforce the company's commitment to eliminate deforestation in its supply chains
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