US debt private placement

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Olam International prices US$120 million US debt private placement

Press release 21st May, 2019

Singapore

Olam International Limited (“Olam”) announced today that its wholly-owned subsidiary Olam Americas Inc. (“OAI”) has successfully priced a US$120 million issuance of 5-year fixed rate notes (the “Notes”) via a private placement. The Notes were placed to 9 investors at a fixed coupon of 3.89% for 5 years.

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

Rabobank acted as the sole placement agent for the transaction.

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About Olam International Limited

 More information on Olam can be found at www.olamgroup.com.

Olam is located at 7 Straits View, Marina One East Tower #20-01, Singapore 018936. Telephone: +65 63394100, Facsimile: +65 63399755.

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 Consulting
  • Josephine Chew
  • Managing Director
  • +65 90610353
  • jchew@we-watatawa.com

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