Olam holders opt to convert remaining $106.08 million 1.2821% bonds

By Susanna Moon

Chicago, Aug. 27 - Olam International Ltd. said that holders have exercised their rights to convert the remaining $106.08 million of 1.2821% convertible bonds due 2013.

As a result, all of the outstanding bonds have been canceled.

The company said on June 29 that holders converted $34,000 of the bonds.

Olam is a Singapore-based provider of supply chain management for agricultural products and food ingredients.

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