Olam, Louis Dreyfus land big demand for long tenor loans

27 Jul 2011

Commodities companies Olam International and Louis Dreyfus hope to wrap up dollar loans within the next few days, after bankers found strong demand for the borrowers’ three and five year facilities.

Olam has attracted 15 commitments worth $300m to a $1.25bn loan that bankers expect to sign soon, and Louis Dreyfus has got more than 15 banks with over $250m of commitments, more than the $200m it was hoping to raise. The company plans to increase the deal next ...

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