28
Oct
11:03
Oryx Stainless secures higher credit in Thailand
Netherlands-based Oryx Stainless Holding's Thailand subsidiary, Oryx Stainless (Thailand) Company, has signed an amendment and restatement agreement to increase and extend the revolving Borrowing Base credit facility. The credit line will expand by THB 340 million ($8.97M) from THB 660m to THB 1 billion to support the growth strategy of Oryx Stainless Group in Asia.
Oryx Stainless says it intends to use the facility primarily to fund its working…
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