NEWS RELEASE

Wilmar Signs US$1,800 Million Syndicated Loan Facility (the "Facility")

Singapore, July 31, 2018 - Wilmar International Limited ("Wilmar") is pleased to announce that the final documentation for the Facility referred to in its announcement dated May 23, 2018 has been signed. The Facility granted to Wii Pte Ltd, a wholly-owned subsidiary of Wilmar, is guaranteed by Wilmar. The Facility will be used to finance general corporate and working capital requirements of Wilmar and its subsidiaries (the "Group"), including refinancing of existing debt. Due to very strong interest from the lenders during syndication, the Facility has been upsized from US$1,500 million to US$1,800 million to partially accommodate the oversubscription. The Facility comprises two tranches: US$600 million for a three-year revolving credit facility and US$1,200 million for a five-year term loan.

The Facility is entered into with DBS Bank Ltd, The Hongkong and Shanghai Banking Corporation Limited, Mizuho Bank, Ltd., MUFJ Bank, Ltd, Oversea-Chinese Banking Corporation Limited, United Overseas Bank Limited and Westpac Banking Corporation Limited, (each a "Mandated Lead Arranger and a Bookrunner") and ABN AMRO Bank N.V., Singapore Branch, Bank of China Limited, Agricultural Bank of China Limited, Singapore Branch, Bank of the Philippine Islands, China Construction Bank Corporation, Singapore Branch, First Abu Dhabi Bank PJSC, Singapore Branch and BNP Paribas (each a "Mandated Lead Arranger") and 17 other Lenders.

About Wilmar

Wilmar International Limited, founded in 1991 and headquartered in Singapore, is today Asia's leading agribusiness group. Wilmar is ranked amongst the largest listed companies by market capitalisation on the Singapore Exchange.

Wilmar's business activities include oil palm cultivation, oilseed crushing, edible oils refining, sugar milling and refining, manufacturing of consumer products, specialty fats, oleochemicals, biodiesel and fertilisers as well as rice and flour milling. At the core of Wilmar's strategy is an integrated agribusiness model that encompasses the entire value chain of the agricultural commodity business, from cultivation, processing, merchandising to manufacturing of a wide range of branded agricultural products. It has over 500 manufacturing plants and an extensive distribution network covering China, India, Indonesia and some 50 other countries. The Group has a multinational workforce of about 90,000 people.

Wilmar's portfolio of high quality processed agricultural products is the preferred choice of consumers and the food manufacturing industry. Its consumer-packed products have aleading share in many Asian and African markets. Through scale, integration and the logistical advantages of its business model, Wilmar is able to extract margins at every step of the value chain, thereby reaping operational synergies and cost efficiencies. Wilmar is a firm advocate of sustainable growth and is committed to its role as a responsible corporate citizen.

ISSUED BY

:

Wilmar International Limited

CONTACT

:

Ms LIM Li Chuen (Investor Relations) /

Ms Iris CHAN (Corporate Communications)

TELEPHONE

:

+(65) 6507-0592 / +(65) 6216-0870

EMAIL

:

lim.lichuen@wilmar.com.sg /iris.chan@wilmar.com.sg

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Wilmar International Limited published this content on 31 July 2018 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 31 July 2018 09:52:03 UTC