By Marisa Wong
Morgantown, W.Va., March 31 – Olam International Ltd. announced it will issue ¥5.7 billion of 0.47% five-year senior notes at an issue price of 98 on April 7.
HSBC is the manager for the Regulation S offering.
The fixed-rate notes will be issued under the company’s $5 billion euro medium-term note program established in July 2012.
Proceeds will be used for working capital and general corporate purposes.
Olam is a food processing company based in Singapore.
| Issuer: | Olam International Ltd.
|
| Issue: | Fixed-rate senior notes
|
| Amount: | ¥5.7 billion
|
| Maturity: | April 7, 2022
|
| Manager: | HSBC
|
| Coupon: | 0.47%
|
| Price: | 98
|
| Announcement date: | March 31
|
| Settlement date: | April 7
|
| Distribution: | Regulation S
|
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