Four bring Golden-Agri arm’s $300m to syndication

Oil Palm_230px
By Shruti Chaturvedi
08 Jan 2016

A $300m dual-tranche borrowing for a subsidiary of palm oil producer Golden-Agri Resources has launched into syndication. The money was funded by four banks in mid-2015.

CIMB, Citi, Maybank and Rabobank are helming the financing. They had planned to launch syndication in the third quarter of 2015 but the process was delayed. So the leads instead decided to bring the deal out in early 2016, said a banker on the trade.

The Singapore-listed company wanted ...

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