ADM begins tender offer for up to $400 mln of debt

CHICAGO, Feb 11 (BestGrowthStock) – Archer Daniels Midland Co
(ADM.N: ) on Thursday announced the start of a cash tender offer
for up to $400 million of its outstanding debt.

The grain processor and ethanol producer said holders must
tender their debentures by 5 p.m. EDT (2200 GMT) on Feb. 22 to
receive an extra early tender payment, and the final deadline
is March 11. The offer covers six debenture issues.

ADM retained Barclays Capital, BNP Paribas Securities and
HSBC Securities (USA) as lead dealer managers, Mitsubishi UFJ
Securities (USA) as co-dealer manager, and D.F. King & Co as
the depositary and information agent for the tender offers.

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(Reporting by Ben Klayman, editing by Gerald E. McCormick)

ADM begins tender offer for up to $400 mln of debt