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Pigging out: Six banks form club for WH Group’s $1.9bn buy-back

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By Pan Yue
10 Jun 2021

WH Group has turned to banks for about $1.25bn to fund a share buy-back, as the world’s largest pork company takes advantage of attractive market conditions to raise a new loan. Unlike its acquisition fundraising eight years ago, which received plenty of criticism and pushback from lenders, the market’s response this time around is different — despite some initial confusion, writes Pan Yue.

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By Pan Yue
10 Jun 2021