SunOpta Amends and Expands Syndicated Credit Facilities

SunOpta Inc. STKL today announced that it has entered into an amended and restated credit agreement (the Amended Agreement) with a syndicate of lenders led by The Bank of Montreal, as agent. The Amended Agreement provides for additional borrowing capacity and reduced pricing over its four year term, plus an accordion feature to further support the Company's future growth objectives. The Amended Agreement provides secured revolving credit facilities of $175 million, including $10 million in Canadian funds. The Amended Agreement replaces current revolving facilities of $125 million and term facilities totalling $21 million, and also provides for an additional $50 million in availability upon the exercise of an uncommitted accordion feature. The increase in funds available will be used to support the Company's growth objectives throughout the term of the agreement.
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