Item 1.01 Entry into a Material Definitive Agreement.
Revolving Credit Agreement
On October 22, 2020, Bunge Limited Finance Corp. ("BLFC"), a wholly owned
subsidiary of Bunge Limited ("Bunge"), entered into an unsecured U.S.
$1,250,000,000 364-day Revolving Credit Agreement (the "Credit Agreement") among
BLFC, as borrower, JPMorgan Chase Bank, N.A., as syndication agent, BNP Paribas,
Citibank, N.A., Natixis Bank, New York Branch, Sumitomo Mitsui Banking
Corporation and U.S. Bank National Association, as co-documentation agents,
Coöperatieve Rabobank U.A., New York Branch, as administrative agent (the
"Administrative Agent"), and certain lenders party thereto (the "Lenders"). See
the Current Report on Form 8-K filed on October 23, 2020 for more information on
the Credit Agreement.
The obligations of BLFC under the Credit Agreement were guaranteed by Bunge
pursuant to a separate Guaranty, dated as of October 22, 2020 (the "Existing
BLFC Guaranty"), which was amended and restated pursuant to that certain First
Amended and Restated Guaranty, dated as of December 11, 2020 (the "BLFC
Guaranty"), which amended the previous total consolidated current liabilities
ratio to provide for adjustments related to (i) drawings under any revolving
credit facility and term credit facility that has a maturity, as of any test
date, greater than or equal to twelve (12) months from such test date, and (ii)
any drawings under a commercial paper program, so long as the drawn portion
thereunder is supported by undrawn commitments under a revolving credit facility
that has a maturity, as of any test date, greater than or equal to twelve (12)
months from such test date, in each case, if such drawings would have been
classified as current liabilities of Bunge and its consolidated subsidiaries
determined on a consolidated basis in accordance with generally accepted
accounting principles in the United States. The BLFC Guaranty contains certain
customary representations and warranties and affirmative and negative covenants.
The BLFC Guaranty obligates Bunge to maintain a minimum total consolidated
current assets to adjusted total consolidated current liabilities ratio, a
maximum consolidated adjusted net debt to consolidated adjusted capitalization
ratio and a maximum secured indebtedness to tangible assets ratio. The BLFC
Guaranty also includes certain limitations on the ability of Bunge to engage in
merger, consolidation or amalgamation transactions or sell or otherwise transfer
all or substantially all of its property, business or assets.

Item 2.03 Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant. The information set forth in Item 1.01 of this Current Report on Form 8-K is hereby incorporated by reference in this Item 2.03.




Item 9.01 Financial Statements and Exhibits.
(d)  Exhibits.
Exhibit        Description
               First Amended and Restated Guaranty by Bunge Limited, dated as of December 11,
  10.1         2020
104            Cover Page Interactive Data File (embedded within the Inline XBRL document)

--------------------------------------------------------------------------------

© Edgar Online, source Glimpses