According to the news on March 21, Australian 12bet online betting producers are increasingly involved in seeking high -interest private loans, because these loan institutions hope to replace those indicators that are concerned by ESG (bank financial institutions, that is, Environmental, Society, Social and corporate governance governance of Governance) all kinds of concerns and hesitant banks.
The 12bet online betting mine company headquartered in Sydney, Whitehaven 12bet online betting LTD., received a loan of $ 1.1 billion to purchase two 12bet online betting mines last month, attracting 17 private credit institutions, but only one bank participated in it. Essence
According to people familiar with the matter, a consortium led by Golden Energy and Resources PTE LTD. is also looking for private credit funds and banks to acquire a 12bet online betting mine in Australia for $ 1.65 billion.
The negotiation between 12bet online betting mine enterprises and private credit institutions reflects the increasingly important position of the global market scale to $ 1.7 trillion by undertaking projects with high profit risks. Private credit companies enter the 12bet online betting business, which also means that the supporters of ESG will still face more challenges, although bank supporters are allowing banks to withdraw from environmental problems.
Goldman Sachs Group Inc.) Nick Sims, co -leadership of Australia and New Zealand Investment Bank, said: "Different forms of private capital, family funds, and other personal capital are not as ESG obligations or pressure as some large funds. They are such a role, and they have been playing this role. "
More widely, private credit is one of the several sources of financing for the energy industry in recent years, because ESG -based loan indicators have hindered the development of banks. Especially when tightening spending, private equity companies are more active.
Analysis agency Wood Mackenzie, the chief analyst of the Asia -Pacific 12bet online betting research chief analyst, Rory Simington, said that another source of funds for 12bet online betting mines to sell a few equity to customers such as steel manufacturers. These customers want to ensure that their 12bet online betting supply can be stable and sustainable.
Rising borrowing costs
White Black Corporation is welcomed by a private credit company, which is in sharp contrast to last year's dilemma. According to the Sydney Pioneer Morning News, the company had to cancel the US $ 1 billion ($ 653 million) loan reinstatement due to banks' unwillingness to extend loans.
Some major banks in Australia -Australia and Bank of New Zealand Group Co., Ltd., Australian Federal Bank, Australian National Bank Co., Ltd. and West Pacific Bank -Du promises to provide loans to power 12bet online betting miningers.
The new lenders of White Black Corporation are mainly international funds, such as Hong Kong ’s Asian Research Capital Management Co., Ltd., Farallon Capital Management LLC and Sona Asset Management LTD.
It can complete the fact that it can complete a fact, that is, the cost of alternative loan institutions is usually higher. Whitehaven pays 650 basis points higher than SOFR.
Federated Hermes Private Credit Manager Patrick Marshall said: "The mainstream loan institution does not want to raise 12bet online betting, so 12bet online betting mines have to ask for help with higher cost hedge funds and family offices."
With the turning of 12bet online betting mine companies to a new business area, private credit may also come in handy. White Blackwen's private credit provides re -financing for a $ 900 million cross -bridge loan to support the acquisition of two metallurgical 12bet online betting mines. Metallurgical 12bet online betting is a key raw material for steel manufacturing. It is considered to be less threatened by power 12bet online betting on the environment.
"If you can mark your project or your company as metallurgical 12bet online betting instead of power 12bet online betting, then there will be huge differences in who you can talk to or who can provide financing services," Wood McCanzz Simington said.
