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.
End-of-day quote
Other stock markets
|
5-day change | 1st Jan Change | ||
0.915 SGD | -2.14% | +2.81% | -12.02% |
05-31 | Olam Group Repurchases More Shares | MT |
05-31 | Australia's Namoi Cotton asks investors to accept Olam Agri's $96 million bid | RE |
Annual profits - Rate of surprise
1st Jan change | Capi. | |
---|---|---|
-1.43% | 277B | |
-6.30% | 91.92B | |
-4.73% | 42.95B | |
+1.06% | 41.25B | |
+5.94% | 40.01B | |
+5.11% | 38.81B | |
-13.92% | 30.87B | |
-11.47% | 27.21B | |
+8.75% | 24.19B |
- Stock Market
- Equities
- VC2 Stock
- VC2 Stock
- News Olam International Limited
- Olam International Limited Secures Multiple Bank Facilities Aggregating USD 4.0 Billion