Olam International issues debut $250 million bond

Singapore’s Olam International prices an unrated 10-year issue paying a 7.5% fixed-rate coupon.

Singaporean company Olam International priced its first bond on the dollar market on Friday with an unrated, $250 million 10-year issue. Being a frequent borrower on the domestic Singapore dollar market, plus an issuer of convertible bonds in the past, the credit story was not a complete unknown to investors.

¬ Haymarket Media Limited. All rights reserved.

Sign in to read on!

Registered users get 2 free articles in 30 days.

Subscribers have full unlimited access to FinanceAsia.

Not signed up? New users get 2 free articles per month, plus a 7-day unlimited free trial.

Questions?
See here for more information on licences and prices, or contact [email protected].

Share our publication on social media
Share our publication on social media