Invitations out for Universal Terminal S$1.75bn loan

Oil
By GlobalCapital
21 Jan 2016

Four banks have rolled out a S$1.75bn ($1.22bn) five year financing for a subsidiary of Singapore’s Universal Terminal.

The name of the subsidiary has not been disclosed, but a source close to the situation said that the amortising loan will back the acquisition of a terminal by the borrower from parent Universal Terminal Singapore.

Bank of China, DBS (also co-ordinator), HSBC and Standard Chartered are the mandated ...

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