Bunge Increases its Accounts Receivable Securitization Program to $1.1 Billion and Adds Enhanced Sustainability Linked Targets

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Mar 31, 2022

Bunge (NYSE:BG, Financial) 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 in 2025.