, Singapore

Olam issues 3.65% fixed rate notes worth US$50m

They are due 2022.

Olam International Limited (Olam) has issued its 3.65% fixed rate notes worth US$50m.

According to an announcement, they will be due 2022 via private placement.

The agri-business group previously announced the issuance of the notes on 22 August 2017.

Moreover, Olam also announced the redemption and cancellation of its 7% securities worth $275m.

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