ED&F Man increases revolvers to sign $1.89bn

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ED&F Man increases revolvers to sign $1.89bn

UK commodities broker ED&F Man increased the size of its planned revolving credit lines to sign two new facilities totalling $1.89bn, after the transaction was oversubscribed in syndication. Some 59 banks have committed to provide a new $1.275bn 364 day facility and a $615m three year line.

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