Arcadia sends request for latest dollar revolving loan

07 Jun 2012

Singapore commodities trader Arcadia Energy has sent a request for proposals to banks to refinance a $280m loan, looking for a deal of around the same size after deciding to launch its third revolving credit facility in three years.

The company closed 364-day revolvers in both November 2010 and November 2011, and has now asked banks to pitch for another deal that could be increased slightly from the $280m it closed on its last trip to the market, said loans
bankers.

ABN Amro, BNP Paribas, Crédit Agricole, ING, ...

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