ChemOne seeks US$600mil private loan for plant


The proposed private credit deal would carry a tenor of up to 10 years and feature high single-digit pricing. — Bloomberg

KUALA LUMPUR: Energy company ChemOne Holdings Pte is seeking a US$600mil (RM2.5bil) 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.

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