The loan arrangers are ANZ Group Holdings Ltd, DBS Group Holdings Ltd and Oversea-Chinese Banking Corp (OCBC), the people said, who asked not to be identified discussing private matters. Sembcorp had announced the A$6.5 billion acquisition of Alinta from Chow Tai Fook Enterprises Ltd, the main investment arm of Hong Kong billionaire Henry Cheng’s family at the end of last year. Bank of China Ltd, China Everbright Bank Co, Mizuho Financial Group Inc and United Overseas Bank Ltd (UOB) are also financing the Sembcorp loan, the people added. Representatives of ANZ, DBS and OCBC declined to comment, while Sembcorp, Bank of China, China Everbright Bank, Mizuho and UOB didn’t respond to requests for comments. Sembcorp’s A$3 billion loan — split between an acquisition tranche and funds for working capital — partially refinances a A$6.5 billion bridge facility the company borrowed initially to fund the takeover.

Source: The Edge Markets March 24, 2026 05:49 UTC