Singapore

Leading global food and agri-business Olam International Limited (“Olam’’) has secured a multi-tranche revolving credit facility aggregating US$1,250 million (the “Facility”).

Olam’s wholly-owned subsidiary, Olam Treasury Pte. Ltd. (“OTPL”), is a co-borrower in the Facility. The two-tier Facility consists of a multi-year revolving credit facility (“RCF”) of US$1,025 million and a 3-year term loan facility of US$225 million. The RCF is further split into 3 tranches – a one year tranche of US$205 million, a 2-year tranche of US$410 million and a 3-year tranche of US$410 million.

The Facility saw participation from a large and diverse group of 16 lenders that comprised six Senior Mandated Lead Arrangers – Australia And New Zealand Banking Group Limited, BNP Paribas, DBS Bank Ltd. (DBS), First Abu Dhabi Bank P.J.S.C., Mizuho Bank Limited, National Australia Bank Limited; six Mandated Lead Arrangers – Commonwealth Bank of Australia, Hang Seng Bank Limited, ING Bank N.V., MUFG Bank Ltd., Natixis, Scotiabank (BNS Asia Ltd.) and four Lead Arrangers –  Banco Bilbao Vizcaya Argentaria S.A., Emirates NBD Bank, Sumitomo Mitsui Banking Corporation, Westpac Banking Corporation. HSBC Bank was the Facility Agent.

Proceeds from the Facility will be applied towards refinancing of existing loans of Olam and its subsidiaries.

About Olam International

Olam International is a leading food and agri-business supplying food, ingredients, feed and fibre to 17,300 customers worldwide. Our value chain spans over 60 countries and includes farming, processing and distribution operations, as well as a sourcing network of an estimated 5 million farmers.

Through our purpose to ‘Re-imagine Global Agriculture and Food Systems’, Olam aims to address the many challenges involved in meeting the needs of a growing global population, while achieving positive impact for farming communities, our planet and all our stakeholders.

Headquartered and listed in Singapore, Olam currently ranks among the top 30 largest primary listed companies in terms of market capitalisation on SGX-ST.

Since June 2020, Olam International has been included in the FTSE4Good Index Series, a global sustainable investment index series developed by FTSE Russell, following a rigorous assessment of Olam’s supply chain activities, impact on the environment and governance transparency. The FTSE4Good Index Series identifies companies that demonstrate strong Environmental, Social and Governance (ESG) practices and is used by a variety of market participants to create and assess responsible investment funds.

You can subscribe to the Olam Newsroom by clicking the ‘subscribe’ button at the top of any page on www.olamgroup.com (privacy statement here). If you do not wish to receive information from Olam please contact [email protected].

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

Credit: Olam News Room Press Release.

Singapore

Leading global food and agri-business Olam International Limited (“Olam’’) has secured a multi-tranche revolving credit facility aggregating US$1,250 million (the “Facility”).

Olam’s wholly-owned subsidiary, Olam Treasury Pte. Ltd. (“OTPL”), is a co-borrower in the Facility. The two-tier Facility consists of a multi-year revolving credit facility (“RCF”) of US$1,025 million and a 3-year term loan facility of US$225 million. The RCF is further split into 3 tranches – a one year tranche of US$205 million, a 2-year tranche of US$410 million and a 3-year tranche of US$410 million.

The Facility saw participation from a large and diverse group of 16 lenders that comprised six Senior Mandated Lead Arrangers – Australia And New Zealand Banking Group Limited, BNP Paribas, DBS Bank Ltd. (DBS), First Abu Dhabi Bank P.J.S.C., Mizuho Bank Limited, National Australia Bank Limited; six Mandated Lead Arrangers – Commonwealth Bank of Australia, Hang Seng Bank Limited, ING Bank N.V., MUFG Bank Ltd., Natixis, Scotiabank (BNS Asia Ltd.) and four Lead Arrangers –  Banco Bilbao Vizcaya Argentaria S.A., Emirates NBD Bank, Sumitomo Mitsui Banking Corporation, Westpac Banking Corporation. HSBC Bank was the Facility Agent.

Proceeds from the Facility will be applied towards refinancing of existing loans of Olam and its subsidiaries.

About Olam International

Olam International is a leading food and agri-business supplying food, ingredients, feed and fibre to 17,300 customers worldwide. Our value chain spans over 60 countries and includes farming, processing and distribution operations, as well as a sourcing network of an estimated 5 million farmers.

Through our purpose to ‘Re-imagine Global Agriculture and Food Systems’, Olam aims to address the many challenges involved in meeting the needs of a growing global population, while achieving positive impact for farming communities, our planet and all our stakeholders.

Headquartered and listed in Singapore, Olam currently ranks among the top 30 largest primary listed companies in terms of market capitalisation on SGX-ST.

Since June 2020, Olam International has been included in the FTSE4Good Index Series, a global sustainable investment index series developed by FTSE Russell, following a rigorous assessment of Olam’s supply chain activities, impact on the environment and governance transparency. The FTSE4Good Index Series identifies companies that demonstrate strong Environmental, Social and Governance (ESG) practices and is used by a variety of market participants to create and assess responsible investment funds.

You can subscribe to the Olam Newsroom by clicking the ‘subscribe’ button at the top of any page on www.olamgroup.com (privacy statement here). If you do not wish to receive information from Olam please contact [email protected].

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

Credit: Olam News Room Press Release.

Singapore

Leading global food and agri-business Olam International Limited (“Olam’’) has secured a multi-tranche revolving credit facility aggregating US$1,250 million (the “Facility”).

Olam’s wholly-owned subsidiary, Olam Treasury Pte. Ltd. (“OTPL”), is a co-borrower in the Facility. The two-tier Facility consists of a multi-year revolving credit facility (“RCF”) of US$1,025 million and a 3-year term loan facility of US$225 million. The RCF is further split into 3 tranches – a one year tranche of US$205 million, a 2-year tranche of US$410 million and a 3-year tranche of US$410 million.

The Facility saw participation from a large and diverse group of 16 lenders that comprised six Senior Mandated Lead Arrangers – Australia And New Zealand Banking Group Limited, BNP Paribas, DBS Bank Ltd. (DBS), First Abu Dhabi Bank P.J.S.C., Mizuho Bank Limited, National Australia Bank Limited; six Mandated Lead Arrangers – Commonwealth Bank of Australia, Hang Seng Bank Limited, ING Bank N.V., MUFG Bank Ltd., Natixis, Scotiabank (BNS Asia Ltd.) and four Lead Arrangers –  Banco Bilbao Vizcaya Argentaria S.A., Emirates NBD Bank, Sumitomo Mitsui Banking Corporation, Westpac Banking Corporation. HSBC Bank was the Facility Agent.

Proceeds from the Facility will be applied towards refinancing of existing loans of Olam and its subsidiaries.

About Olam International

Olam International is a leading food and agri-business supplying food, ingredients, feed and fibre to 17,300 customers worldwide. Our value chain spans over 60 countries and includes farming, processing and distribution operations, as well as a sourcing network of an estimated 5 million farmers.

Through our purpose to ‘Re-imagine Global Agriculture and Food Systems’, Olam aims to address the many challenges involved in meeting the needs of a growing global population, while achieving positive impact for farming communities, our planet and all our stakeholders.

Headquartered and listed in Singapore, Olam currently ranks among the top 30 largest primary listed companies in terms of market capitalisation on SGX-ST.

Since June 2020, Olam International has been included in the FTSE4Good Index Series, a global sustainable investment index series developed by FTSE Russell, following a rigorous assessment of Olam’s supply chain activities, impact on the environment and governance transparency. The FTSE4Good Index Series identifies companies that demonstrate strong Environmental, Social and Governance (ESG) practices and is used by a variety of market participants to create and assess responsible investment funds.

You can subscribe to the Olam Newsroom by clicking the ‘subscribe’ button at the top of any page on www.olamgroup.com (privacy statement here). If you do not wish to receive information from Olam please contact [email protected].

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

Credit: Olam News Room Press Release.

Singapore

Leading global food and agri-business Olam International Limited (“Olam’’) has secured a multi-tranche revolving credit facility aggregating US$1,250 million (the “Facility”).

Olam’s wholly-owned subsidiary, Olam Treasury Pte. Ltd. (“OTPL”), is a co-borrower in the Facility. The two-tier Facility consists of a multi-year revolving credit facility (“RCF”) of US$1,025 million and a 3-year term loan facility of US$225 million. The RCF is further split into 3 tranches – a one year tranche of US$205 million, a 2-year tranche of US$410 million and a 3-year tranche of US$410 million.

The Facility saw participation from a large and diverse group of 16 lenders that comprised six Senior Mandated Lead Arrangers – Australia And New Zealand Banking Group Limited, BNP Paribas, DBS Bank Ltd. (DBS), First Abu Dhabi Bank P.J.S.C., Mizuho Bank Limited, National Australia Bank Limited; six Mandated Lead Arrangers – Commonwealth Bank of Australia, Hang Seng Bank Limited, ING Bank N.V., MUFG Bank Ltd., Natixis, Scotiabank (BNS Asia Ltd.) and four Lead Arrangers –  Banco Bilbao Vizcaya Argentaria S.A., Emirates NBD Bank, Sumitomo Mitsui Banking Corporation, Westpac Banking Corporation. HSBC Bank was the Facility Agent.

Proceeds from the Facility will be applied towards refinancing of existing loans of Olam and its subsidiaries.

About Olam International

Olam International is a leading food and agri-business supplying food, ingredients, feed and fibre to 17,300 customers worldwide. Our value chain spans over 60 countries and includes farming, processing and distribution operations, as well as a sourcing network of an estimated 5 million farmers.

Through our purpose to ‘Re-imagine Global Agriculture and Food Systems’, Olam aims to address the many challenges involved in meeting the needs of a growing global population, while achieving positive impact for farming communities, our planet and all our stakeholders.

Headquartered and listed in Singapore, Olam currently ranks among the top 30 largest primary listed companies in terms of market capitalisation on SGX-ST.

Since June 2020, Olam International has been included in the FTSE4Good Index Series, a global sustainable investment index series developed by FTSE Russell, following a rigorous assessment of Olam’s supply chain activities, impact on the environment and governance transparency. The FTSE4Good Index Series identifies companies that demonstrate strong Environmental, Social and Governance (ESG) practices and is used by a variety of market participants to create and assess responsible investment funds.

You can subscribe to the Olam Newsroom by clicking the ‘subscribe’ button at the top of any page on www.olamgroup.com (privacy statement here). If you do not wish to receive information from Olam please contact [email protected].

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

Credit: Olam News Room Press Release.

Singapore

Leading global food and agri-business Olam International Limited (“Olam’’) has secured a multi-tranche revolving credit facility aggregating US$1,250 million (the “Facility”).

Olam’s wholly-owned subsidiary, Olam Treasury Pte. Ltd. (“OTPL”), is a co-borrower in the Facility. The two-tier Facility consists of a multi-year revolving credit facility (“RCF”) of US$1,025 million and a 3-year term loan facility of US$225 million. The RCF is further split into 3 tranches – a one year tranche of US$205 million, a 2-year tranche of US$410 million and a 3-year tranche of US$410 million.

The Facility saw participation from a large and diverse group of 16 lenders that comprised six Senior Mandated Lead Arrangers – Australia And New Zealand Banking Group Limited, BNP Paribas, DBS Bank Ltd. (DBS), First Abu Dhabi Bank P.J.S.C., Mizuho Bank Limited, National Australia Bank Limited; six Mandated Lead Arrangers – Commonwealth Bank of Australia, Hang Seng Bank Limited, ING Bank N.V., MUFG Bank Ltd., Natixis, Scotiabank (BNS Asia Ltd.) and four Lead Arrangers –  Banco Bilbao Vizcaya Argentaria S.A., Emirates NBD Bank, Sumitomo Mitsui Banking Corporation, Westpac Banking Corporation. HSBC Bank was the Facility Agent.

Proceeds from the Facility will be applied towards refinancing of existing loans of Olam and its subsidiaries.

About Olam International

Olam International is a leading food and agri-business supplying food, ingredients, feed and fibre to 17,300 customers worldwide. Our value chain spans over 60 countries and includes farming, processing and distribution operations, as well as a sourcing network of an estimated 5 million farmers.

Through our purpose to ‘Re-imagine Global Agriculture and Food Systems’, Olam aims to address the many challenges involved in meeting the needs of a growing global population, while achieving positive impact for farming communities, our planet and all our stakeholders.

Headquartered and listed in Singapore, Olam currently ranks among the top 30 largest primary listed companies in terms of market capitalisation on SGX-ST.

Since June 2020, Olam International has been included in the FTSE4Good Index Series, a global sustainable investment index series developed by FTSE Russell, following a rigorous assessment of Olam’s supply chain activities, impact on the environment and governance transparency. The FTSE4Good Index Series identifies companies that demonstrate strong Environmental, Social and Governance (ESG) practices and is used by a variety of market participants to create and assess responsible investment funds.

You can subscribe to the Olam Newsroom by clicking the ‘subscribe’ button at the top of any page on www.olamgroup.com (privacy statement here). If you do not wish to receive information from Olam please contact [email protected].

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

Credit: Olam News Room Press Release.

Singapore

Leading global food and agri-business Olam International Limited (“Olam’’) has secured a multi-tranche revolving credit facility aggregating US$1,250 million (the “Facility”).

Olam’s wholly-owned subsidiary, Olam Treasury Pte. Ltd. (“OTPL”), is a co-borrower in the Facility. The two-tier Facility consists of a multi-year revolving credit facility (“RCF”) of US$1,025 million and a 3-year term loan facility of US$225 million. The RCF is further split into 3 tranches – a one year tranche of US$205 million, a 2-year tranche of US$410 million and a 3-year tranche of US$410 million.

The Facility saw participation from a large and diverse group of 16 lenders that comprised six Senior Mandated Lead Arrangers – Australia And New Zealand Banking Group Limited, BNP Paribas, DBS Bank Ltd. (DBS), First Abu Dhabi Bank P.J.S.C., Mizuho Bank Limited, National Australia Bank Limited; six Mandated Lead Arrangers – Commonwealth Bank of Australia, Hang Seng Bank Limited, ING Bank N.V., MUFG Bank Ltd., Natixis, Scotiabank (BNS Asia Ltd.) and four Lead Arrangers –  Banco Bilbao Vizcaya Argentaria S.A., Emirates NBD Bank, Sumitomo Mitsui Banking Corporation, Westpac Banking Corporation. HSBC Bank was the Facility Agent.

Proceeds from the Facility will be applied towards refinancing of existing loans of Olam and its subsidiaries.

About Olam International

Olam International is a leading food and agri-business supplying food, ingredients, feed and fibre to 17,300 customers worldwide. Our value chain spans over 60 countries and includes farming, processing and distribution operations, as well as a sourcing network of an estimated 5 million farmers.

Through our purpose to ‘Re-imagine Global Agriculture and Food Systems’, Olam aims to address the many challenges involved in meeting the needs of a growing global population, while achieving positive impact for farming communities, our planet and all our stakeholders.

Headquartered and listed in Singapore, Olam currently ranks among the top 30 largest primary listed companies in terms of market capitalisation on SGX-ST.

Since June 2020, Olam International has been included in the FTSE4Good Index Series, a global sustainable investment index series developed by FTSE Russell, following a rigorous assessment of Olam’s supply chain activities, impact on the environment and governance transparency. The FTSE4Good Index Series identifies companies that demonstrate strong Environmental, Social and Governance (ESG) practices and is used by a variety of market participants to create and assess responsible investment funds.

You can subscribe to the Olam Newsroom by clicking the ‘subscribe’ button at the top of any page on www.olamgroup.com (privacy statement here). If you do not wish to receive information from Olam please contact [email protected].

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

Credit: Olam News Room Press Release.

Singapore

Leading global food and agri-business Olam International Limited (“Olam’’) has secured a multi-tranche revolving credit facility aggregating US$1,250 million (the “Facility”).

Olam’s wholly-owned subsidiary, Olam Treasury Pte. Ltd. (“OTPL”), is a co-borrower in the Facility. The two-tier Facility consists of a multi-year revolving credit facility (“RCF”) of US$1,025 million and a 3-year term loan facility of US$225 million. The RCF is further split into 3 tranches – a one year tranche of US$205 million, a 2-year tranche of US$410 million and a 3-year tranche of US$410 million.

The Facility saw participation from a large and diverse group of 16 lenders that comprised six Senior Mandated Lead Arrangers – Australia And New Zealand Banking Group Limited, BNP Paribas, DBS Bank Ltd. (DBS), First Abu Dhabi Bank P.J.S.C., Mizuho Bank Limited, National Australia Bank Limited; six Mandated Lead Arrangers – Commonwealth Bank of Australia, Hang Seng Bank Limited, ING Bank N.V., MUFG Bank Ltd., Natixis, Scotiabank (BNS Asia Ltd.) and four Lead Arrangers –  Banco Bilbao Vizcaya Argentaria S.A., Emirates NBD Bank, Sumitomo Mitsui Banking Corporation, Westpac Banking Corporation. HSBC Bank was the Facility Agent.

Proceeds from the Facility will be applied towards refinancing of existing loans of Olam and its subsidiaries.

About Olam International

Olam International is a leading food and agri-business supplying food, ingredients, feed and fibre to 17,300 customers worldwide. Our value chain spans over 60 countries and includes farming, processing and distribution operations, as well as a sourcing network of an estimated 5 million farmers.

Through our purpose to ‘Re-imagine Global Agriculture and Food Systems’, Olam aims to address the many challenges involved in meeting the needs of a growing global population, while achieving positive impact for farming communities, our planet and all our stakeholders.

Headquartered and listed in Singapore, Olam currently ranks among the top 30 largest primary listed companies in terms of market capitalisation on SGX-ST.

Since June 2020, Olam International has been included in the FTSE4Good Index Series, a global sustainable investment index series developed by FTSE Russell, following a rigorous assessment of Olam’s supply chain activities, impact on the environment and governance transparency. The FTSE4Good Index Series identifies companies that demonstrate strong Environmental, Social and Governance (ESG) practices and is used by a variety of market participants to create and assess responsible investment funds.

You can subscribe to the Olam Newsroom by clicking the ‘subscribe’ button at the top of any page on www.olamgroup.com (privacy statement here). If you do not wish to receive information from Olam please contact [email protected].

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

Credit: Olam News Room Press Release.