Joint mandated coordinating arrangers ANZ Banking Corp and Citibank Singapore have completed the S$900 million fundraising for Toll Finance, ST Logistics and SOPS. The three year facility saw eight banks join in general syndication.
Mandated coordinating arranger Citibank ended up with S$60 million while six lead arrangers lent S$120 million each. They were BNP Paribas Singapore, DBS Bank, DnB NOR Bank Singapore, Oversea-Chinese Banking Corp, Standard Chartered Singapore and United Overseas Bank. ABN Amro Singapore and Westpac Singapore took S$60 million apiece and joined as managers.
The parent company Toll Holdings is providing a guarantee. Proceeds will be used for general corporate and working capital purposes. Signing was held on...
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