Olam looks to tap new liquidity for $2.5bn multiple tranche refinancing

By Shruti Chaturvedi
06 Nov 2014

Agricultural products supplier Olam International has approached lenders for a $1.8bn-$2.5bn refinancing of a $2.22bn bridge loan it sealed in May.

The triple tranche refinancing will consist of a one year, a two year and a three year facility.

The company is asking for a commitment of $200m and is looking to tap new liquidity for the loan, said a banker who was on the last transaction. “We heard ...

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