Olam secures landmark US$5.2 billion financing as it progresses on its Re-organisation
Singapore
Leading global food and agri-business, Olam International Limited (“Olam’’) announced today that it has secured three committed loan facilities aggregating US$5.2 billion.
The three facilities comprise a US$1.2 billion 3-year term loan and two 18-month bridge loan facilities of US$2.0 billion each. The term loan facility will be used for general corporate purposes of the Olam Group while the bridge loan facilities will be used to facilitate Olam’s Re-organisation Plan.