ING Leads $350 Million Syndicated Financing for Precious Metals Merchant Auramet – QNT Press Release


NEW YORK, July 27, 2022 /PRNewswire/ — ING Capital LLC (“ING”) led a $350 million syndicated financing on behalf of Auramet Trading and Auramet International (collectively, “Auramet”), a precious metals merchant. ING acted as Mandated Lead Arranger, Bookrunner and Administrative Agent on a well oversubscribed deal, which closed on July 22, 2022. With support from the lenders, the facility has increased over the past year, from a facility of $300 million.

Today’s facility closed with the addition of the Commonwealth Bank of Australia to the syndicate. The lending group also included previous participants Rabobank, acting …

Full story available on Benzinga.com



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