{"id":41985,"date":"2025-07-21T10:07:27","date_gmt":"2025-07-21T13:07:27","guid":{"rendered":"https:\/\/indovinya.indoramaventures.com\/?p=41985"},"modified":"2025-07-21T10:14:35","modified_gmt":"2025-07-21T13:14:35","slug":"indovinya-raises-1-5-billion-to-refinance-debt-and-strengthen-capital-structure","status":"publish","type":"post","link":"https:\/\/indovinya.indoramaventures.com\/es\/indovinya-raises-1-5-billion-to-refinance-debt-and-strengthen-capital-structure\/","title":{"rendered":"Indovinya raises $1.5 billion to refinance debt and strengthen capital structure"},"content":{"rendered":"\n<p><strong>Indorama Ventures Public Company Limited,<\/strong> a global sustainable chemical company, today announced that its subsidiary, Indovinya Ltd., successfully raised $1.5 billion through a syndicated term loan to refinance debt and strengthen the business segment\u2019s capital structure.<\/p>\n\n\n\n<p>The 5-year senior unsecured syndicated term loan was achieved at favourable rates, strengthening Indovinya\u2019s credit profile and reflecting financial markets\u2019 confidence in the segment\u2019s strong management and position in High&nbsp;Value Add (HVA) markets. The funds will be used to refinance debt and recapitalize Indovinya\u2019s capital structure. The term loan, which will mature in 2030, was arranged by a syndicate of eight leading financial institutions, including Mizuho Financial Group, Bank of China (Hong Kong), Oversea-Chinese Banking Corporation Limited (OCBC), The Siam Commercial Bank Public Company Limited, Kasikornbank Public Company Limited, Sumitomo Mitsui Banking Corporation, DBS Group, and Australia and New Zealand Banking Group Limited.&nbsp;<\/p>\n\n\n\n<p>Indovinya has scaled rapidly in recent years. The segment\u2019s 15 industrial units, 7 R&amp;D centers, and 10 commercial offices in key growth markets globally deliver high-value, sustainable solutions across critical industries, from Crop&nbsp;Solutions and Energy Resources to Home &amp; Personal Care, Coatings, and Performance Products. The segment is the leading producer of nonionic surfactants in the Americas.<\/p>\n\n\n\n<p><strong>Mr. Alastair Port, Executive President of Indovinya<\/strong>, said, \u201c<em>We are very pleased and thankful to the syndicate of eight leading international banks for supporting Indovinya\u2019s capital structure optimization at attractive terms, reflecting our strong credit profile. This supports our growth mandate to further enhance our portfolio in High Value Added applications. Management is excited to partner with our parent Indorama Ventures to bring financial expertise and prudence within our realm to excel in all functions across our geographies.\u201d<\/em><em><\/em><\/p>\n\n\n\n<p><strong>Mr. Hidekatsu Take, Deputy President &amp; Senior Executive Officer of Mizuho Financial Group<\/strong>, said, <em>\u201cMizuho would like to express our sincere congratulation to Indovinya for the successful closing of its $1.5 billion financing, which strongly supports its diversification and growth in its surfactant business. Indovinya and Indorama Ventures are globally recognized as leading chemical companies, and we believe they will further distinguish themselves in terms of ESG and innovation to support society.\u201d<\/em><\/p>\n\n\n\n<p><strong>Mr. Calvin Woo, Deputy General Manager, Global Corporate Banking Department of Bank of China (Hong Kong)<\/strong>, said, <em>\u201cWe are honoured to act as one of the joint mandated lead arrangers, underwriters, and bookrunners for Indovinya\u2019s syndicated loan. This facility enabled us to support Indorama Ventures in optimising its capital structure and achieving its long-term business growth objectives. Leveraging our expertise in syndication finance, we are committed to providing unparalleled banking experience to our ASEAN corporate customers by offering a wide array of financial product and services.\u201d<\/em><\/p>\n\n\n\n<p><strong>Ms. Elaine Lam, Head of Global Corporate Banking, OCBC,<\/strong> said, <em>\u201cOCBC is delighted to support Indovinya as a joint mandated lead arranger, underwriter, and bookrunner in their maiden syndicated loan facility, which will support their recapitalization and liquidity plans to navigate current market conditions and support long-term growth. This latest partnership reinforces our strong relationship with Indorama Ventures and is a testament to the depth of our network and financing capabilities in our key markets.\u201d<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Indorama Ventures Public Company Limited, a global sustainable chemical company, today announced that its subsidiary, Indovinya Ltd., successfully raised $1.5 billion through a syndicated term loan to refinance debt and strengthen the business segment\u2019s capital structure. The 5-year senior unsecured syndicated term loan was achieved at favourable rates, strengthening Indovinya\u2019s credit profile and reflecting financial [&hellip;]<\/p>\n","protected":false},"author":6,"featured_media":41989,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[367],"tags":[],"post_event_format":[],"post_event_country":[],"class_list":["post-41985","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-institucional"],"acf":[],"_links":{"self":[{"href":"https:\/\/indovinya.indoramaventures.com\/es\/wp-json\/wp\/v2\/posts\/41985","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/indovinya.indoramaventures.com\/es\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/indovinya.indoramaventures.com\/es\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/indovinya.indoramaventures.com\/es\/wp-json\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/indovinya.indoramaventures.com\/es\/wp-json\/wp\/v2\/comments?post=41985"}],"version-history":[{"count":1,"href":"https:\/\/indovinya.indoramaventures.com\/es\/wp-json\/wp\/v2\/posts\/41985\/revisions"}],"predecessor-version":[{"id":41986,"href":"https:\/\/indovinya.indoramaventures.com\/es\/wp-json\/wp\/v2\/posts\/41985\/revisions\/41986"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/indovinya.indoramaventures.com\/es\/wp-json\/wp\/v2\/media\/41989"}],"wp:attachment":[{"href":"https:\/\/indovinya.indoramaventures.com\/es\/wp-json\/wp\/v2\/media?parent=41985"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/indovinya.indoramaventures.com\/es\/wp-json\/wp\/v2\/categories?post=41985"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/indovinya.indoramaventures.com\/es\/wp-json\/wp\/v2\/tags?post=41985"},{"taxonomy":"post_event_format","embeddable":true,"href":"https:\/\/indovinya.indoramaventures.com\/es\/wp-json\/wp\/v2\/post_event_format?post=41985"},{"taxonomy":"post_event_country","embeddable":true,"href":"https:\/\/indovinya.indoramaventures.com\/es\/wp-json\/wp\/v2\/post_event_country?post=41985"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}