SunOpta and certain of its subsidiaries entered into an amendment to the company’s existing credit agreement dated February 11, 2016 with respect to its asset-based revolving credit facility.

The amendment added an additional U.S. asset-based revolving credit subfacility of an aggregate principal amount of $15 million. According to a related 8-K filing, Bank of America served as administrative agent, issuing bank and swingline lender.

The proceeds of the new U.S. subfacility will be used to repay borrowings under the company’s existing U.S. asset-based revolving credit subfacility under the existing credit agreement and for working capital needs and general corporate purposes. The new U.S. subfacility was fully drawn on the effective date.

SunOpta is a global organic food company.