News
03 September 2020

Wilmar closes $200m Sora-linked loan

In:
Agri/Soft Commodities
Region:
Asia-Pacific

Singaporean agribusiness Wilmar closed a $200 million bilateral loan from DBS on 27 August. The deal marks the first corporate loan to be pegged to the Singapore Overnight Rate Average (Sora).At the start of each interest period, Wilmar will be able to enter into a Sora interest rate swap to give...

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