12
Aug
12:03
Oryx Stainless secures Thailand credit facility
International stainless steel scrap trader Oryx Stainless Group says its Thailand subsidiary has finalised a THB 660 million ($21m) revolving borrowing base credit facility to support its growth strategy.
Oryx Stainless Thailand mandated HSBC Thailand as lead arranger to structure and arrange the revolving credit facility. Both HSBC Thailand and Kasikornbank PCL will act as lenders. The facility agent function is covered by HSBC Singapore and the legal documentati…
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