Corporate digest
Olam International
COMMODITIES firm Olam International said on Thursday its wholly owned European subsidiary has secured a revolving credit facility worth US$1 billion. The facility is guaranteed by the company and is the first revolving credit facility secured by Olam in Europe. The facility consists of three tranches - a 364-day revolving credit facility of US$400 million, a two-year revolving credit facility of US$300 million, and a three-year revolving credit facility of US$300 million.
China Taisan Technology Group
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
EU toughens rules on Chinese fashion retailer Shein
Keppel prices 70 million euros of floating-rate notes due 2031
Mixed trading in Asia as investors watch for further macro data; STI down 0.2%
Shareholders raise questions over dividend payout, directors’ salaries at Best World AGM ahead of proposed privatisation
China’s Bank of Communications Q1 profit rises 1.44%
Huawei’s smart car tech offers automakers route to China sales