ING Leads $350 Million Syndicated Financing for Precious Metals Merchant Auramet
Summary
ING acted as Mandated Lead Arranger, Bookrunner and Administrative Agent on a well oversubscribed deal, which closed on July 22, 2022. Elevated prices and market volatility require risk management acumen and even greater access to sufficient liquidity. Auramet has a long, positive track record in managing both, and this increased credit facility will ensure they can appropriately fund their continued growth," said Matthew Rosetti, Managing Director and Head of Commodity Finance North America at ING.ING Capital LLC is a financial services firm offering a full array of wholesale financial lending products and advisory services to its corporate and institutional clients. The purpose of ING Bank is empowering people to stay a step ahead in life and in business. The company has built a consistently successful and prominent franchise in the metals space on the back of an experienced management team that has proven to be innovative and capable of delivering the highest quality service to participants in the sector.