Olam prices US$50 million US private placement

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Olam prices US$50 million US private placement

Press release 13th Jul, 2020

Singapore

Leading global food and agri-business, Olam International (“Olam’’), announced today that its wholly owned subsidiary, Olam Americas Inc. (“OAI”) has successfully priced a US$50 million issuance of 5-year fixed rate notes (the “Notes”) via a private placement at a fixed coupon of 3.27%.

Proceeds from the issue of the Notes will be used by OAI and its US affiliates for general corporate purposes.

Rabobank acted as the sole placement agent for the transaction.

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About Olam International Limited

Issued on behalf of Olam International Limited by: 

WATATAWA Consulting, 77 Robinson Road, Robinson 77 #33-00, Singapore 068896 

For further information, please contact:
Contacts for Olam Investor Relations
  • Aditya Renjen
  • Senior Vice President
  • +65 66031104, 96570339
  • aditya.renjen@olamnet.com
  • Chow Hung Hoeng
  • General Manager
  • +65 63179471, 98346335
  • chow.hunghoeng@olamnet.com
Contacts for WATATAWA
  • Josephine Chew
  • Managing Director
  • +65 90610353
  • jchew@we-watatawa.com
  • Ong Chor Hao
  • Deputy Director
  • +65 96272674
  • chorhaoo@we-watatawa.com

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