CF Industries signs $2.3 billion credit agreement with lenders including Morgan Stanley

CF Industries negotiates $2.3 billion credit line

NEW YORK — CF Industries Holdings Inc. has signed a credit agreement worth up $2.3 billion in loans with a group of lenders including Morgan Stanley, according to a securities filing made Wednesday.

The fertilizer company, which recently purchased rival Terra Industries for $4.7 billion, said the agreement provides term loans of up to $2 billion and a credit line of up to $300 million.

All borrowings under the agreement have to be repaid by April 5, 2015, according to the filing.

The company’s shares fell $1.20 to close at $91.23.