Singapore Exchange (SGX) has received long-term funding worth about $3.7 billion for its proposed deal to buy ASX, The Wall Street Journal reports. It has secured two senior-term loan facilities worth about $3 billion and around $759 million.
The banks that offered the loan are Australia & New Zealand Banking Group, DBS Bank, National Australia Bank, Oversea-Chinese Banking, Bank of Tokyo-Mitsubishi UFJ and United Overseas Bank. In October, SGX had offered $8.3 billion for all the shares of ASX, the operator of the Australian Securities Exchange.
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