{"id":845586,"date":"2025-05-01T16:26:33","date_gmt":"2025-05-01T20:26:33","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/dole-plc-announces-successful-closing-of-1-2-billion-refinancing-of-credit-facilities\/"},"modified":"2025-05-01T16:26:33","modified_gmt":"2025-05-01T20:26:33","slug":"dole-plc-announces-successful-closing-of-1-2-billion-refinancing-of-credit-facilities","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/dole-plc-announces-successful-closing-of-1-2-billion-refinancing-of-credit-facilities\/","title":{"rendered":"Dole plc Announces Successful Closing of $1.2 Billion Refinancing of Credit Facilities"},"content":{"rendered":"<p>        <!--body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p><b>Dole plc Announces Successful Closing of $1.2 Billion Refinancing of Credit Facilities<\/b><\/p>\n<p>DUBLIN&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nDole plc (NYSE: DOLE) (\u201cDole\u201d or the \u201cCompany\u201d) announced today that it has successfully refinanced its corporate credit facilities. The transaction will extend the maturity of outstanding debt at favorable interest rates.\n<\/p>\n<p>\nThe new credit facilities consist of a $600 million multicurrency five-year Revolving Credit Facility (\u201cRCF\u201d), a $250 million five-year Term Loan A (\u201cTLA\u201d) and a $350 million seven-year Farm Credit term loan. These new credit facilities replace an existing RCF, TLA and a senior secured Term Loan B. All facilities have been successfully syndicated.\n<\/p>\n<p>\nCommenting on the transaction, Dole\u2019s Chief Financial Officer, Jacinta Devine said: \u201cThis refinancing strengthens the financial position of Dole and provides enhanced financial flexibility to support our growth initiatives. We are grateful for the ongoing support of our lenders and appreciate their partnership and confidence in our operations and long-term strategy.\u201d\n<\/p>\n<p>\nCo\u00f6peratieve Rabobank U.A., BofA Securities Inc., and Allied Irish Banks plc acted as the Joint Bookrunners and Joint Lead Arrangers for the RCF and TLA syndicated to commercial banks. AgFirst Farm Credit Bank and AgSouth Farm Credit, ACA acted as Joint Bookrunners and Joint Lead Arrangers for the Farm Credit facilities.\n<\/p>\n<p><b>About Dole plc:<\/b><\/p>\n<p>\nA global leader in fresh produce, Dole plc grows, markets, and distributes an extensive variety of fresh fruits and vegetables sourced locally and from around the world. Dedicated and passionate in exceeding our customers\u2019 requirements in over 85 countries, our goal is to make the world a healthier and more sustainable place.\n<\/p>\n<p>\nCategory: Financial\n<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20250501737311r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20250501737311\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20250501737311\/en\/<\/a><\/span><\/p>\n<p><b>Investor Contact:<br \/>\n<\/b><br \/>James O\u2019Regan, Head of Investor Relations, Dole plc<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:james.oregan@doleplc.com\"><i>james.oregan@doleplc.com<br \/>\n<\/i><\/a><br \/>+353 1 887 2794\n<\/p>\n<p><b>Media Contact:<br \/>\n<\/b><br \/>Brian Bell, Ogilvy<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:brian.bell@ogilvy.com\"><i>brian.bell@ogilvy.com<br \/>\n<\/i><\/a><br \/>+353 87 2436 130\n<\/p>\n<p><b>KEYWORDS:<\/b> Ireland Europe<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Retail Agriculture Natural Resources Food\/Beverage<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20250501737311\/en\/2456141\/3\/Dole_logo.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>Dole plc Announces Successful Closing of $1.2 Billion Refinancing of Credit Facilities DUBLIN&#8211;(BUSINESS WIRE)&#8211; Dole plc (NYSE: DOLE) (\u201cDole\u201d or the \u201cCompany\u201d) announced today that it has successfully refinanced its corporate credit facilities. The transaction will extend the maturity of outstanding debt at favorable interest rates. The new credit facilities consist of a $600 million multicurrency five-year Revolving Credit Facility (\u201cRCF\u201d), a $250 million five-year Term Loan A (\u201cTLA\u201d) and a $350 million seven-year Farm Credit term loan. These new credit facilities replace an existing RCF, TLA and a senior secured Term Loan B. All facilities have been successfully syndicated. Commenting on the transaction, Dole\u2019s Chief Financial Officer, Jacinta Devine said: \u201cThis refinancing strengthens the financial position of Dole and &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/dole-plc-announces-successful-closing-of-1-2-billion-refinancing-of-credit-facilities\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Dole plc Announces Successful Closing of $1.2 Billion Refinancing of Credit Facilities&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-845586","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Dole plc Announces Successful Closing of $1.2 Billion Refinancing of Credit Facilities - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/dole-plc-announces-successful-closing-of-1-2-billion-refinancing-of-credit-facilities\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Dole plc Announces Successful Closing of $1.2 Billion Refinancing of Credit Facilities - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Dole plc Announces Successful Closing of $1.2 Billion Refinancing of Credit Facilities DUBLIN&#8211;(BUSINESS WIRE)&#8211; Dole plc (NYSE: DOLE) (\u201cDole\u201d or the \u201cCompany\u201d) announced today that it has successfully refinanced its corporate credit facilities. The transaction will extend the maturity of outstanding debt at favorable interest rates. The new credit facilities consist of a $600 million multicurrency five-year Revolving Credit Facility (\u201cRCF\u201d), a $250 million five-year Term Loan A (\u201cTLA\u201d) and a $350 million seven-year Farm Credit term loan. These new credit facilities replace an existing RCF, TLA and a senior secured Term Loan B. All facilities have been successfully syndicated. Commenting on the transaction, Dole\u2019s Chief Financial Officer, Jacinta Devine said: \u201cThis refinancing strengthens the financial position of Dole and &hellip; Continue reading &quot;Dole plc Announces Successful Closing of $1.2 Billion Refinancing of Credit Facilities&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/dole-plc-announces-successful-closing-of-1-2-billion-refinancing-of-credit-facilities\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2025-05-01T20:26:33+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20250501737311r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/dole-plc-announces-successful-closing-of-1-2-billion-refinancing-of-credit-facilities\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/dole-plc-announces-successful-closing-of-1-2-billion-refinancing-of-credit-facilities\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Dole plc Announces Successful Closing of $1.2 Billion Refinancing of Credit Facilities\",\"datePublished\":\"2025-05-01T20:26:33+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/dole-plc-announces-successful-closing-of-1-2-billion-refinancing-of-credit-facilities\\\/\"},\"wordCount\":320,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/dole-plc-announces-successful-closing-of-1-2-billion-refinancing-of-credit-facilities\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/cts.businesswire.com\\\/ct\\\/CT?id=bwnews&amp;sty=20250501737311r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/dole-plc-announces-successful-closing-of-1-2-billion-refinancing-of-credit-facilities\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/dole-plc-announces-successful-closing-of-1-2-billion-refinancing-of-credit-facilities\\\/\",\"name\":\"Dole plc Announces Successful Closing of $1.2 Billion Refinancing of Credit Facilities - 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