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OM Holdings Completes Refinancing Via US$168 Million Syndicated Debt Facility

Business Today LogoBusiness Today2d ago

OM Holdings Completes Refinancing Via US$168 Million Syndicated Debt Facility - Business Today

Quick Summary:

OM Holdings Limited announced that it has successfully refinanced through a US$168 million syndicated debt facility, along with separately and bilaterally arranged working capital and bank guarantee facilities of approximately US$136 million.

The participation of both new and existing lenders, comprising a diverse mix of global and domestic commercial banks, signifies strong confidence in and support for the Company’s business operations in Malysia.

The successful refinancing reduces the Company’s debt amortisation profile over the next 4 years, with an average annual repayment of between US$35 million to US$40 million.


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Article Details

Author / Journalist: Editor

Category: EconomyBusiness

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-04 @ 07:15:53 (2 days ago)

News Timezone: GMT +8:00

News Source URL: businesstoday.com.my

Language: English

Article Length: 483 words

Reading Time: 3 minutes read

Sentences: 18 lines

Sentence Length: 27 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Today

News ID: 27580325

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Main Topics: EconomyBusiness

Official Website: businesstoday.com.my

Year Established: 2001

Headquarters: Malaysia

News Last Updated: 2 days ago

Coverage Areas: Malaysia

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Publication Timezone: GMT +8:00

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Publisher ID: #72

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