July 31, 2018 / 11:34 AM / 4 months ago

Singapore's Wilmar says loan facility upsized to $1.80 bln

July 31 (Reuters) - Agribusiness company Wilmar International said a loan facility has been increased in size by $300 million to $1.80 billion due to strong interest from the lenders during syndication.

The loan, which was initially announced for $1.50 billion, was granted to its unit Wii Pte Ltd, Wilmar said in a statement on Tuesday.

The revised facility will comprise a $600 million three-year revolving credit and a $1.20 billion five-year term loan. (Reporting by Susan Mathew in Bengaluru; Editing by Catherine Evans)

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