Singapore's Wilmar International to enter into $1.5 billion revolvers

By Marisa Wong

Madison, Wis., April 5 - Wilmar International Ltd. announced that it and wholly owned subsidiary Wii Pte. Ltd. will enter into $1.5 billion of syndicated revolving credit facilities.

BNP Paribas, Citigroup Global Markets Singapore Pte. Ltd., DBS Bank Ltd., Hongkong and Shanghai Banking Corp. Ltd., Oversea-Chinese Banking Corp. Ltd. and Sumitomo Mitsui Banking Corp. will be the lead arrangers and bookrunners for the facilities.

The facilities, which are guaranteed by Wilmar, will be used to finance general corporate and working capital requirements.

Based in Singapore, Wilmar is an agribusiness company with activities in oil palm cultivation; oilseeds crushing; edible oils refining; sugar, specialty fats, oleochemicals and biodiesel manufacturing; and grains processing.

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