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Olam secures facilities totalling US$2.475b to refinance short-term debt

Published Wed, Nov 19, 2014 · 09:50 PM

Singapore

AGRI-BUSINESS group Olam International has secured revolving credit and term loan facilities aggregating US$2.475 billion, the company announced on Wednesday.

The facilities consist of three equal tranches of US$825 million each - a 364-day revolving credit facility, a two-year revolving credit facility and a three-year term loan.

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