Friday, June 24, 2011

Wilmar signs $1.98b of revolving credit facilities

Wilmar International, the world’s biggest palm oil processor, signed US$1.6 billion ($1.98 billion) of revolving credit facilities, according to data compiled by Bloomberg.

One US$500 million loan matures in June 2014 while another similarly-sized loan matures in June 2013, the data show. A third US$614 million facility is due June 2012, the data show.
 
BNP Paribas SA, Citigroup Inc., DBS Group Holdings, HSBC Holdings Plc, Oversea-Chinese Banking Corp. and Sumitomo Mitsui Banking Corp. were the lead arranging banks, the data show.
 

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