Olam's 5-year $400m bonds snapped up

Temasek-linked commodities group prices issue at 4.25%

OLAM International's five-year $400 million bond issue got strong demand from private bank clients, said DBS Bank yesterday.

The issue, the first after Olam became a Temasek Holdings subsidiary, received orders exceeding $1.7 billion from 102 accounts, and was priced at 4.25 per cent.

In March this year,...

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