SGX gets about $3.7 billion in funding for ASX merger

AFPSINGAPORE — Singapore's stock exchange said Monday it has secured around $3.7 billion in funding from six banks for a proposed merger with Sydney's bourse.SGX said in a statement the funding consisted of term loans of Sg$3.8 billion and Aus$750 million from leading banks in both countries. Full storyRelated:SGX secures $3.7bn loan for ASX merger - Metal BulletinSingapore-ASX bourse merger