Olam closes $1.5bn club loan

Brazil agriculture food soybean from Adobe 230x150
By Pan Yue
18 Oct 2019

Agriculture company Olam International has closed its $1.525bn club deal with 19 lenders.

The company self-arranged the deal, sending out an invitation to lenders to join a deal with a size of $1.5bn-$2bn in September.

The final size was $1.525bn. The facility was split into a 364-day revolving credit facility of $610m, a two year revolver of $457.5m and ...

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