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.