Yinson announces banks to fund its Fred Olsen acquisition


KUALA LUMPUR: Yinson Holdings Bhd has hired Malayan Banking Bhd,United Overseas Bank Ltd Singapore and AmInvestment Bank to fund its proposed acquisition of Norway-listed Fred Olsen Production ASA.

In a statement, it said UOB would act as the facility and security agent of the acquisition loan, AmInvestment Bank as the principal adviser and Maybank as the financial advisor.

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