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Cash flow for dairy

THE Irish Dairy Board (IDB), which markets products including Kerrygold butter abroad, has secured a new five-year syndicated loan of €420m.

Kerrygold recently launched its Best of Baking campaign with brand ambassador Sophie Morris (right).

The new loan will replace a previous three-year €350m syndicated bank facility.

IDB raised the cash from its established group of lenders.


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