Press Release

    Olam International issues US$50 million in private placement of notes

    Press release

    Olam International Limited (“Olam”), a leading agri-business operating across the value chain in 65 countries, today announced the issuance of US$50 million 5 year Senior Notes due 2020 (the “Notes”) in a private placement under its US$5,000,000,000 Euro Medium Term Note Programme established by the Company on 6 July 2012 and updated on 14 July 2014.

    The Notes were issued to an institutional investor at a fixed coupon of 4.00% and will mature on January 22, 2020. The net proceeds from this issue will be applied by Olam to fund its ordinary course of business.

    The Hongkong and Shanghai Banking Corporation Limited acted as sole manager for this transaction issue.




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