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ICL Secures $675 Million Revolving Credit Facility From Consortium of 17 Banks

Written by Investing News Network
|
Mar. 16, 2011 01:03PM PST

ICL (TASE:ICL) announced that it has secured a revolving line of credit for a five-year period from a group of 17 banks.

ICL (TASE:ICL) announced that it has secured a revolving line of credit for a five-year period from a group of 17 banks.

The press release is quoted as saying:

This credit line was undertaken as part of the Company’s strategy of securing its access to credit and diversifying its sources of capital.

To read the full press release, click here.

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