Olam issues $400m senior unsecured notes

Uploaded By:  Nathanielle Punay Submitted By:  Nathanielle Punay Case Study:  No It is priced at 4% and will mature on 24 February 2026. Agri-business firm Olam International (Olam) has priced a benchmark $400m issuance of senior unsecured notes due 2026 under its $6.84b (US$5b) Euro medium term note programme, a press release revealed. The notes will bear interest at a fixed rate of 4% per annum payable semi-annually in arrear. It is expected to be issued on 24 August and is expected to mature on 24 February 2026. Net proceeds from the issue of the notes will be used for debt refinancing. read more