Brief: Olam Group Says Unit Secured Medium-Term Samurai Loan Facility Of JPY 46.5 Bln
17/09/2024 14:24
Sept 17 (Reuters) - Olam Group Ltd OLAG.SI :
* OLAM FOOD INGREDIENTS SECURED A MEDIUM-TERM SAMURAI LOAN
FACILITY AGGREGATING JPY 46.5 BILLION
* FACILITY IS INITIALLY GUARANTEED BY OLAM GROUP LIMITED
WHICH
WILL TRANSFER TO OFI GROUP LIMITED FOLLOWING PLANNED IPO AND
DEMERGER OF OFI
* PROCEEDS FROM FACILITY WILL BE APPLIED TOWARDS REFINANCING
OF
OFI'S EXISTING LOANS
Further company coverage: OLAG.SI
((Reuters.Briefs@thomsonreuters.com;))
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