SY Holdings Group Limited (stock code: 6069.HK) ("SY" or the “Group”) has recently signed a facility agreement with Orion Capital Asia ("Orion"), a leading private credit investment manager, and secured a three-year facility of US$50 million.
SY’s collaboration with Orion, underscoring the recognition from an internationally renowned institution. This facility is important for the group to pave the way for broadening its overseas financing channels, lengthen its debt duration and optimise its capital structure, it also helps the Group to invest more in technology R&D and strategic investment, will further promote the construction of supply chain technology platforms and industry digital ecology.
Headquartered in Singapore, Orion is a private credit fund that focuses on credit investment opportunities in Asia-Pacific, according to public information. One of Canada’s largest defined benefit pension plans is Orion’s equity investor. Orion has extensive experience in investing across economic cycles and a strong investment track record. To date, Orion has provided over US$1 billion in loans across the Asia-Pacific region. These loans have helped enterprises achieve growth in business and operational efficiency while creating long-term sustainable value returns for investors.
