The current facility consists of three tranches – a one-year revolving sustainability-linked credit facility (SRCF) of US$50 million, a two-year SRCF of US$100 million, and a three-year SRCF of US$100 million.
SINGAPORE (June 18): Leading food and global agri-business, Olam International and its wholly owned subsidiary, Olam Treasury, have secured a revolving sustainability-linked credit facility amounting to some US$250 million (S$348.4 million).
This is the third such facility secured by Olam in two years. It announced a US$525 million sustainability KPI-linked RCF last year and Asia’s first sustainability-linked club loan of US$500 million in 2018.
