- PT Chandra Asri Pacific has mandated KKR’s (KKR) insurance business, Global Atlantic, to provide financing for its $1 billion acquisition of Esso-branded service stations in Singapore from ExxonMobil (XOM), Bloomberg News reported.
- Global Atlantic will provide a $750 million unitranche facility at single-digit interest rates to the Indonesian energy and chemicals firm, the report said.
- Chandra Asri will fund the remaining $250 million through its own equity.
Chandra Asri taps KKR’s Global Atlantic to finance $1B ExxonMobil Singapore deal – report
