Item 1.01 - Entry Into a Material Definitive Agreement



On August 5, 2022, Bunge Limited Finance Corp. ("BLFC"), a wholly owned
subsidiary of Bunge Limited ("Bunge"), entered into an unsecured Credit
Agreement (the "Credit Agreement") among BLFC, as borrower, CoBank, ACB, as
administrative agent and lead arranger, and certain lenders party thereto from
time to time (the "Lenders"). The Credit Agreement includes a U.S. $865,000,000
revolving credit facility (the "Revolving Loan Facility") that matures on
October 29, 2026, a U.S. $250,000,000 delayed draw term loan facility that BLFC
is required to draw prior to October 28, 2022 (the "Term Loan I") that will
mature on October 29, 2028, and a U.S. $250,000,000 delayed draw term loan
facility that BLFC is required to draw prior to February 3, 2023 (the "Term Loan
II") that will mature on August 5, 2027. The Credit Agreement amends and
restates the existing $1,115,000,000 Credit Agreement, dated as of October 29,
2021, among BLFC, as borrower, CoBank, ACB, as administrative agent and lead
arranger, and certain lenders party thereto from time to time. BLFC may use
proceeds from future borrowings under the Credit Agreement to fund intercompany
advances to Bunge and/or certain Bunge subsidiaries, repay outstanding pari
passu indebtedness of BLFC and pay expenses incurred in connection with the
Credit Agreement and any pari passu indebtedness of BLFC.

Borrowings under the Revolving Loan Facility will bear interest, at BLFC's
option, at the daily simple or term secured overnight financing rate ("SOFR")
plus a 0.10% SOFR Adjustment and the Applicable Margin (defined below).
Borrowings under the Term Loan I and Term Loan II will bear interest at daily
simple SOFR plus a 0.10% SOFR Adjustment and the Applicable Margin (defined
below). The margin applicable to a SOFR borrowing (the "Applicable Margin") will
(i) vary between 1.000% and 1.625% for the Revolving Loan Facility, (ii) vary
between 1.100% and 1.725% for the Term Loan I, and (iii) vary between 0.900% and
1.525% for the Term Loan II and be based on the higher of the senior long-term
unsecured debt rating that Moody's Investors Service, Inc. ("Moody's") and
Standard & Poor's Ratings Services ("S&P") provides of (a) Bunge, or (b) if
Moody's or S&P, as applicable, does not provide such a rating of Bunge, then the
Bunge Master Trust or (c) if Moody's or S&P, as applicable, does not provide
such a rating of Bunge and the Bunge Master Trust, then BLFC (the "Rating
Level"). Amounts under the Credit Agreement that remain undrawn are subject to a
commitment fee payable quarterly based on the average undrawn portion of the
Credit Agreement at rates ranging from 0.090% to 0.225%, varying based on the
Rating Level. The Credit Agreement also includes benchmark replacement
provisions.


The Credit Agreement contains certain customary representations and warranties
and affirmative and negative covenants, including certain limitations on the
ability of BLFC to, among other things, incur liens, incur indebtedness, sell or
transfer assets or receivables or engage in mergers, consolidations,
amalgamations or joint ventures, and customary events of default.


The obligations of BLFC under the Credit Agreement are guaranteed by Bunge
pursuant to a separate Guaranty Agreement, dated August 5, 2022 (the
"Guaranty"). The Guaranty contains certain customary representations and
warranties and affirmative and negative covenants. The Guaranty requires 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 principal balance of
secured indebtedness. The 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.

From time to time, certain of the Lenders under the Credit Agreement and/or their affiliates provide financial services to Bunge, BLFC and other subsidiaries of Bunge.




The Credit Agreement and the Guaranty are included as Exhibits 10.1 and 10.2,
respectively, hereto and are incorporated by reference herein. The foregoing
descriptions of the Credit Agreement and the Guaranty do not purport to be
complete and are qualified in their entirety by reference to the full text of
those documents.

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.

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Item 9.01 - Financial Statements and Exhibits

(d): Exhibits.



Exhibit No.             Description
  10.1                  Credit Agreement, dated August 5, 2022, among Bunge

Limited Finance Corp., as


                        Borrower, CoBank ACB, as Administrative Agent and

Lead Arranger, and certain


                        lenders party thereto
  10.2                  Guaranty by Bunge Limited pursuant to the Credit

Agreement, dated August 5,


                        2022
104                     Cover Page Interactive Data File (embedded within the Inline XBRL document)

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