IXM S.A. (IXM) has successfully completed and signed a US$850m revolving credit facility (RCF or Facility), a transaction initially launched at US$700m which received strong support from IXM’s banking partners and attracted new banks, leading to an oversubscription that increased the total amount of the facility from the previous year by more than US$200m.
The RCF will be used for the general trade and working capital finance purposes, including the refinancing of the existing US$609m 364-day revolving credit facility agreement from December 2022.