Olam Holdings $1 billion revolving credit facility

Overview:

• Olam Holdings has taken out $1 billion in a new revolving credit facility.
• The facilities were issued in three tranches: a $400 million one-year facility, a $300 million two-year facility and a $300 million three-year facility.
• The funds will be used to refinance existing syndicated bank loans of the debtor and its subsidiaries.
• ABN Amro, BBVA, Banco Santander, Bank of Baroda, The Bank of Tokyo-Mitsubishi, Commerzbank, Commonwealth Bank of Australia, Coöperatieve Rabobank, Intesa Sanpaolo Bank Luxembourg, Mizuho Bank, Natixis, Sumitomo Mitsui Banking Corporation, UniCredit and Wells Fargo Bank have acted as lead arrangers and bookrunners.

Katrin Kostadinova - Data analyst