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ABC Singapore Branch as one of the Bookrunner Mandated Lead Arrangers (“BMLA”) for Noble Group Limited’s USD2,055 mil syndicated facilities

Noble is a leading global supply chain provider of agricultural, industrial and energy products. Listed on Singapore Stock Exchange in 1997 and a Fortune Global 500 company (ranked 91), Noble has been an important customer of ABC Singapore Branch and similarly an ABC Head Office core customer since 2008.

General loan syndication was launched on 1 March with an initial commitment of USD1,550 mil and after presenting 3 separate international road-shows in Singapore, London and Hong Kong, BMLA finally closed this syndication mid-May with an overwhelming USD 2,055 mil commitment from a total of 75 banks.

Over the years, ABC Singapore Branch has been mandated as Mandated Lead Arranger repeatedly by various internationally acclaimed commodity trading conglomerates. This successful international syndicated loan again bears testimony to ABC Bank’s internationalisation strategy and improving global banking service capabilities, enabling overseas branch to extend our market influence and provide full-fledge global banking solutions competitively.