Proposed Issue of Bonds
Olam International Limited (the “Company“) wishes to announce that the Company has appointed The Hongkong and Shanghai Banking Corporation Limited and J.P. Morgan as joint lead managers and joint bookrunners (collectively, the “Joint Lead Managers“) in connection with its proposed issue (the “Proposed Issue“) of United States dollar denominated bonds (the “Bonds“). The Proposed Issue would be made in reliance on Regulation S under the United States Securities Act of 1933, as amended (the “Securities Act“) or an applicable exemption under the Securities Act.
The Proposed Issue is expected to be launched in the near future, subject to market conditions.
The definitive terms of the Bonds will be confirmed upon the pricing of the Proposed Issue, following the completion of a bookbuilding exercise by the Joint Lead Managers.
By Order of the Board
Sunny George Verghese
Group Managing Director & CEO
4 August 2010
The Bonds referred to above have not been and will not be registered under the Securities Act, or the securities laws of any state of the United States or other jurisdiction. This announcement does not constitute an offer of securities for sale in the United States. No public offering of the securities will be made in the United States, and the Company does not intend to register any part of the Proposed Issue in the United States.
- Attachments: 04aug2010-proposedissueofbonds