* Says to cut short-term debt by C$300 mln
* Says debt reduction will occur by the end of January
TORONTO, Jan 21 (Reuters) - Canadian grain handler Viterra VT.TO said on Thursday that it intended to reduce the short-term debt of its Australian operations by C$300 million in an attempt to lower its interest expenses.
The debt reduction will occur by the end of this month, the Calgary, Alberta-based company said in a statement.
Earlier on Thursday, the company reported a small fourth-quarter loss as it grappled with weak fertilizer margins and declining commodity prices. [ID:nSGE60K0D3] (Reporting by Euan Rocha; Editing by Lisa Von Ahn)