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Sovereign Wealth Funds Briefing - Categorized | Ethical/Green Investments, Financials

Temasek-controlled Olam refinances with $1B in new loans

Posted on 28 October 2015

Agri-trader Olam International has secured $1 billion in funding to refinance existing debt, just a couple of months after Mitsubishi Corp snagged a 20 percent stake in the company.
Olam said the new revolving credit and term loan facility will comprise an $850 million 364-day revolving credit facility and a $150 million 5-year term loan. Singapore state investor Temasek Holdings owns 51.4 percent of Olam………………………………………..Full Article: Source


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