SINGAPORE – Leading global food and agri-business, Olam International (“Olam’’), announced yesterday that its wholly owned subsidiary, Olam Americas Inc. (“OAI”) has successfully priced a US$50 million issuance of 5-year fixed rate notes (the “Notes”) via a private placement at a fixed coupon of 3.27%.
Proceeds from the issue of the Notes will be used by OAI and its US affiliates for general corporate purposes.
Rabobank acted as the sole placement agent for the transaction.
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