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AAA Oils slides in for $640m dual-trancher
AAA Oils and Fats (AAAOF), a trading subsidiary of palm oil processor and distributor APICAL Group, is in the market for a loan of up to $640m, split between three and five year tenors.
The borrower is arranging the loan itself, according to a banker. It is split between a $350m three year revolver, which comes with a $150m greenshoe option, and a $100m five year term loan with a $40m greenshoe.
The two loans are priced at 280bp and 350bp ...Already a subscriber? Login
