Energy company ChemOne Holdings Pte. is seeking a $600 million private credit loan to support the construction of its chemical processing complex in Malaysia, according to people familiar with the matter.
The proposed private credit deal would carry a tenor of up to 10 years and feature high single-digit pricing, the people said, who asked not to be identified discussing private matters. Several Korean institutional investors have committed around $150 million to the deal, said one of the people.
