Olam International Limited (Olam') announced that it has secured multiple bank facilities aggregating USD 4.0 billion, as it continues to progress on its Re-organization Plan. The facilities comprise a USD 1.5 billion committed facility with a flexible tenor of up to 3 years (Facility A'), a USD 1.0 billion working capital facility (Facility B') and an USD 1.5 billion total increase across the 2 bridge loan facilities announced in August 2021 (Facility C') and will be used to facilitate the allocation of existing debt to the new operating groups.
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5-day change | 1st Jan Change | ||
0.915 SGD | -2.14% | +2.81% | -12.02% |
09:21am | Olam Group Further Buys Back Shares | MT |
May. 21 | Olam Group Repurchases More Shares | MT |
Annual profits - Rate of surprise
1st Jan change | Capi. | |
---|---|---|
-2.62% | 274B | |
-2.44% | 94.78B | |
-2.87% | 43.62B | |
+11.22% | 41.93B | |
+1.87% | 41.91B | |
+8.43% | 39.87B | |
-15.16% | 30.29B | |
-6.96% | 28.5B | |
+14.24% | 25.67B |
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- Olam International Limited Secures Multiple Bank Facilities Aggregating USD 4.0 Billion