Saturday, 24 July 2021

Olam completes refinancing of its European revolving credit facility

06 July 2021 | News

Olam Holdings has successfully completed the annual refinancing of its European revolving credit facility aggregating US$375 million

Image source: Olam

Image source: Olam

Olam International is a leading food and agri-business supplying food, ingredients, feed and fibre to 17,300 customers worldwide

Leading global food and agri-business, Olam International Limited (“Olam’’) announced today that its wholly owned subsidiary, Olam Holdings B.V. (“OHBV”), has successfully completed the annual refinancing of its European revolving credit facility (the “Facility”) aggregating US$375 million.  

The Facility has a 364-day tenor and is guaranteed by Olam. 

Unicredit Bank AG, KfW IPEX-Bank GmbH, Erste Group Bank AG, Raiffeisen Bank International AG, Sumitomo Mitsui Banking Corporation (Singapore Branch) and AKA Ausfuhrkredit-Gesellschaft GmbH are the lenders for the Facility. KfW IPEX-Bank is the Facility Agent

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

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