New York, Jan. 27 - Olam International Ltd. announced the issue of S$250 million of three-year notes with a 4.07% coupon.
DBS Bank Ltd., HSBC Ltd. and Standard Chartered Bank are the joint lead managers.
The notes will mature on Feb. 12, 2013.
Proceeds will be used for the companies existing borrowings as well as for general corporate purposes.
The notes will be issued under the company's twice-increased S$800 million multicurrency medium-term note program. Settlement is slated for Feb. 12.
Olam is a Singapore-based provider of supply chain management for agricultural products and food ingredients.
| Issuer: | Olam International Ltd.
|
| Issue: | Notes
|
| Amount: | S$250 million
|
| Maturity: | Feb. 12, 2013
|
| Coupon: | 4.07%
|
| Price: | Par of S$250,000
|
| Pricing date: | Jan. 27
|
| Settlement: | Feb. 12
|
| Lead managers: | DBS Bank Ltd., HSBC Ltd. and Standard Chartered Bank
|
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