Wilmar International

[corydorus]

Just curious - why did you say that this is "crazy" and "out of control"?

When a supposedly well-managed and conservative bank or lender decides to volunteer and put up its good name to arrange a humongous notes issuing facility - in this case for a cool USD5.0b! - for a large corporate, and on very loose and flexible terms and conditions, without defining the purpose(s) and source(s) of repayment of the proposed financing, to me is an example of all things having gone over-board and away from normal conservative principles/guidelines governing prudent and responsible lending/borrowing/business dealings. And this should apply to Wilmar as well.

Where the money will comes from actually ? I doubt any significant from the bank itself. It will be good to know so as to avoid the "Atomic bomb" ?