Vending Machines International Secures SGD 135 Million Capital Commitment From Global Emerging Markets (GEM) as Company Seeks to Go Public
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Wednesday, January 26, 2022
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Vending Machines International (VMI), today announced a SGD 135 Million capital commitment from GEM Global Yield LLC SCS ("GGY"), the Luxembourg-based private alternative investment vehicle.
Key Points:
- Vending Machines International (VMI), today announced a SGD 135 Million capital commitment from GEM Global Yield LLC SCS ("GGY"), the Luxembourg-based private alternative investment vehicle.
- VMI will control the timing and maximum amount of drawdowns under this facility and has no minimum drawdown obligation.
- Vending Machines International Pte Ltd (VMI) is a Singapore-registered entity providing unique solutions in water distribution with zero plastic waste.
- Global Emerging Markets (GEM) is a $3.4 billion, Luxembourg-based private alternative investment group with offices in Paris, New York and The Bahamas.