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AgWest Farm Credit

Ecosystem Private
Headquarters
Spokane, WA, US
Segment
Investors & Advisers
Stories held
1
Last story
18 Sep 2026

AgWest Farm Credit is a member-owned cooperative lender under the US Farm Credit System, providing loans and financial services to farmers, ranchers and agribusinesses across the Pacific Northwest and California. It was formed in 2023 from the merger of Northwest Farm Credit Services and Farm Credit West and is based in Spokane, Washington.

2026 1

1 stories · 2026

Capital & Financial Markets 18 Sep 2026

Clearwater Paper refinances debt with new USD 475m credit package

Clearwater Paper has replaced its 2028 senior notes and existing revolving and term credit facilities with a new credit agreement led by AgWest Farm Credit, extending its debt maturity profile to 2031. The package comprises a USD 200m revolving credit facility, of which about USD 15m was drawn at closing, and a USD 275m term loan fully funded at closing, with proceeds used to redeem the USD 275m 2028 senior notes and terminate the prior ABL facility.

Why this mattersExtending maturities to 2031 removes near-term refinancing risk for the North American paperboard producer amid a soft demand environment.

  • New credit agreement signed 18 September 2026 with AgWest Farm Credit, PCA as administrative agent
  • USD 275m term loan fully funded at closing
  • USD 200m revolving credit facility with about USD 15m drawn at closing
  • Uncommitted USD 100m increase option available subject to conditions including 2027 year-end financials
  • Proceeds redeem USD 275m senior notes due 2028 and terminate existing ABL facility
  • New agreement matures 18 September 2031
Clearwater Paper AgWest Farm Credit counterparty
Sources markets.ft.com
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