MUFG Bank has been appointed as the facility agent, with MUFG Bank, Mizuho Bank and Sumitomo Mitsui Banking Corporation as lead arrangers and bookrunners for the facility.
Olam Group Limited’s wholly-owned subsidiary Olam Food Ingredients (ofi) has secured a JPY46.5 billion ($427.2 million) medium-term samurai loan facility.
The facility has Olam Treasury as a borrower and comprises a three-year tranche. Proceeds from the facility will be applied towards refinancing of ofi’s existing loans and general corporate purposes.
