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Sovereign Wealth Funds Briefing - Categorized | Asset Allocation, Investment, Market

Olam exercises option to upsize CB; sells it all to Temasek

Posted on 05 October 2009

From Financeasia.com: Singapore-listed Olam International on Thursday last week announced that it had exercised the $100 million upsize option on the $400 million seven-year convertible bond that it issued a month ago, increasing the total deal size to $500 million.
The original CB attracted a lot of attention as it had to be reoffered below par with revised terms after investors deemed the original terms too aggressive………………Full Article: Source


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