Olam secures US$375 million European revolving credit facility

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Olam secures US$375 million European revolving credit facility

Press release 1st Jul, 2020

Singapore

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. 

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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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