DBS, Wilmar ink Singapore's first SORA-based agribusiness loan

Uploaded By:  Alyssa Divina Submitted By:  Staff Reporter Case Study:  No Wilmar has option to enter into a SORA interest rate swap. DBS and Wilmar International have inked Singapore’s first SORA-based corporate loan for the agribusiness industry, according to an announcement. At the start of each interest period, Wilmar will have the option to enter into a SORA interest rate swap (IRS) to give certainty of interest rates, making it the industry’s first SORA loan coupled with an IRS. read more