By Marisa Wong
Morgantown, W.Va., Aug. 31 – Olam International Ltd. announced it priced ¥6.2 billion of 1 3/8% five-year senior notes under its $5 billion euro medium-term note program.
The post-swap dollar fixed coupon will be 3¾%.
Hongkong and Shanghai Banking Corp. Ltd. is the manager for the issue.
Proceeds will be used for working capital and general corporate purposes.
The notes will be issued on Sept. 9.
Olam is a food processing company based in Singapore.
| Issuer: | Olam International Ltd.
|
| Issue: | Fixed-rate senior notes
|
| Amount: | ¥6.2 billion
|
| Maturity: | Sept. 9, 2020
|
| Manager: | Hongkong and Shanghai Banking Corp. Ltd.
|
| Coupon: | 1 3/8% (post-swap dollar fixed coupon will be 3¾%)
|
| Announcement date: | Aug. 31
|
| Settlement date: | Sept. 9
|
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