Olam International subsidiary Olam Americas prices a US$275M issuance of five- and seven-year fixed rate notes via a private placement; transaction expected to close on Feb. 16

Sample article from our Agriculture Industry

SINGAPORE , January 26, 2022 (press release) –

Olam International (“Olam”), a leading global agri-business, announced today that its wholly owned subsidiary, Olam Americas Inc. (“OAI”) has priced a US$275 million issuance of 5 and 7 year fixed rate notes (the “Notes”) via a private placement.  

The issuance comprised US$200 million of 5-year fixed rate notes at a coupon of 3.05% and US$75 million of 7-year fixed rate notes at a coupon of 3.25%. The transaction is expected to close on February 16, 2022. 

Proceeds from the issue of the Notes will be used by OAI and its US affiliates for general corporate purposes.  

ING Financial Markets LLC acted as the sole placement agent for the transaction. 

About Olam International

Olam International is a leading food and agri-business supplying food, ingredients, feed and fibre to 17,300 customers worldwide. Our value chain spans over 60 countries and includes farming, processing and distribution operations, as well as a sourcing network of an estimated 5 million farmers. 

Through our purpose to ‘Re-imagine Global Agriculture and Food Systems’, Olam aims to address the many challenges involved in meeting the needs of a growing global population, while achieving positive impact for farming communities, our planet and all our stakeholders. 

Headquartered and listed in Singapore, Olam currently ranks among the top 30 largest primary listed companies in terms of market capitalisation on SGX-ST.  

Since June 2020, Olam International has been included in the FTSE4Good Index Series, a global sustainable investment index series developed by FTSE Russell, following a rigorous assessment of Olam’s supply chain activities, impact on the environment and governance transparency. The FTSE4Good Index Series identifies companies that demonstrate strong Environmental, Social and Governance (ESG) practices and is used by a variety of market participants to create and assess responsible investment funds. 

You can subscribe to the Olam Newsroom by clicking the 'subscribe' button at the top of any page on www.olamgroup.com (privacy statement here). If you do not wish to receive information from Olam please contact media@olamnet.com.

More information on Olam can be found at www.olamgroup.com. 

Olam is located at 7 Straits View, Marina One East Tower #20-01, Singapore 018936.

Telephone: +65 63394100, Facsimile: +65 63399755.

* All content is copyrighted by Industry Intelligence, or the original respective author or source. You may not recirculate, redistrubte or publish the analysis and presentation included in the service without Industry Intelligence's prior written consent. Please review our terms of use.

More from our Agriculture Industry Coverage
See our dashboard in action - schedule an demo
Chelsey Quick
Chelsey Quick
- VP Client Success -

We offer built-to-order agriculture industry coverage for our clients. Contact us for a free consultation.

About Us

We deliver market news & information relevant to your business.

We monitor all your market drivers.

We aggregate, curate, filter and map your specific needs.

We deliver the right information to the right person at the right time.

Our Contacts

1990 S Bundy Dr. Suite #380,
Los Angeles, CA 90025

+1 (310) 553 0008

About Cookies On This Site

We collect data, including through use of cookies and similar technology ("cookies") that enchance the online experience. By clicking "I agree", you agree to our cookies, agree to bound by our Terms of Use, and acknowledge our Privacy Policy. For more information on our data practices and how to exercise your privacy rights, please see our Privacy Policy.