Olam secures $2.09b debt refinancing

Submitted By:  Nathanielle Punay Case Study:  No It consists of three tranches including a 364-day revolving credit facility of $832.69m. Food and agri-business firm Olam International Limited and its wholly owned subsidiary Olam Treasury have secured a multi-tranche revolving credit facility aggregating $2.09b (US$1.53b) for the refinancing of its existing loans, an announcement revealed. The amount consists of three tranches, a 364-day revolving credit facility of $832.69m (US$610m), a 2-year revolving credit facility of $624.51m (US$457.5m) and a 3-year revolving credit facility of $624.51m (US$457.5m). read more