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Atome upsizes syndicated debt facility to US$345 mil to scale Southeast Asian business

Nurdianah Md Nur
Nurdianah Md Nur • 2 min read
Atome upsizes syndicated debt facility to US$345 mil to scale Southeast Asian business
The Singapore-based digital finance platform is expanding lending and BNPL products as strong revenue and GMV growth underpin its regional push. Photo: Atome Financial
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Singapore-based digital finance platform Atome has increased its syndicated debt facility to US$345 million ($444 million), up from US$200 million last year.

It will use the facility to expand its profitable regional portfolio. This includes buy now pay later (BNPL), lending and the Atome Pay Later Anywhere Card in Singapore, Malaysia and the Philippines.

HSBC retained its roles as the structuring bank and mandated lead arranger and bookrunner on the deal, with DBS joining in the same capacity.

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