Olam secures US$375 million European revolving credit facility
Leading global food and agri-business, Olam International Limited (“Olam’’) announced today that its wholly owned subsidiary, Olam Holdings B.V. (“OHBV”), has completed the re-financing of its revolving credit facility (the “Facility”) aggregating US$375 million.
The Facility has a 364-day tenor and is guaranteed by Olam International Limited.
KfW IPEX-Bank GmbH, Erste Group Bank AG, London Branch, Intesa Sanpaolo Bank Luxembourg S.A., Amsterdam Branch, ABC International Bank plc, Frankfurt Branch, Bank of Baroda, Singapore Branch, Sumitomo Mitsui Banking Corporation Singapore Branch and AKA Ausfuhrkredit-Gesellschaft GmbH are the lenders for the Facility. KfW IPEX-Bank is the Facility Agent.