CF Industries Holdings Secures $750 Million Revolving Credit Agreement

CF Industries Holdings has entered into a $750 million revolving credit agreement. The company specializes in manufacturing and marketing nitrate and phosphate fertilizers, with a product portfolio including ammonium, urea, ammonium nitrate, and other products. Net sales are primarily generated in the United States, Canada, the United Kingdom, and other regions.

CF Industries Holdings, Inc. (NYSE: CF) has entered into a $750 million revolving credit agreement with a major financial institution. The agreement will provide the company with flexibility in managing its liquidity and financing needs. This move comes at a time when CF Industries is investing heavily in its low-carbon ammonia production facility in Louisiana, which is part of a broader strategy to decarbonize its operations.

The revolving credit agreement will allow CF Industries to draw funds up to the agreed limit, with the option to repay and redraw funds as needed. This financial instrument is a common tool for companies seeking to manage their cash flow and ensure they have access to funds for various operational and capital expenditures.

CF Industries is a leading manufacturer and marketer of nitrate and phosphate fertilizers, with a diverse product portfolio that includes ammonium, urea, ammonium nitrate, and other products. The company's net sales are primarily generated in the United States, Canada, the United Kingdom, and other regions.

The company's recent focus on low-carbon initiatives is evident in its joint venture with JERA Co., Inc. (JERA) and Mitsui & Co., Inc. (Mitsui) to construct a world's largest low-carbon ammonia plant in Louisiana. This facility, which is expected to begin production in 2029, will have an annual nameplate capacity of approximately 1.4 million metric tons and is set to capture and sequester approximately 2.3 million metric tons of CO2 annually.

The investment in this low-carbon ammonia production facility is a significant step in CF Industries' decarbonization efforts and aligns with the company's broader mission to provide clean energy sustainably. The company is leveraging its existing infrastructure and expertise to build a reliable and affordable low-carbon ammonia value chain to meet the growing global demand for low-carbon ammonia.

In addition to this strategic investment, CF Industries has also been actively engaged in various sustainability initiatives and is committed to reducing its carbon footprint. The company's focus on innovation and sustainable practices underscores its dedication to driving meaningful progress towards a cleaner energy future.

References:
CF Industries Announces Joint Venture with JERA Co., Inc., and Mitsui & Co., Inc., for Production and Offtake of Low-Carbon Ammonia^[1] https://www.businesswire.com/news/home/20250408236500/en/CF-Industries-Announces-Joint-Venture-with-JERA-Co.-Inc.-and-Mitsui-Co.-Inc.-for-Production-and-Offtake-of-Low-Carbon-Ammonia