Olam Group (SG:VC2) has released an update.
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Olam Agri, a key division of Olam Group, has secured a substantial $550 million revolving credit facility aimed at refinancing existing debts and supporting general corporate functions. This three-year facility involves major banks such as Deutsche Bank, JPMorgan, and HSBC, reflecting the company’s robust position in the agri-business sector. Olam Agri, recognized for its significant role in global food, feed, and fibre trade, underscores its commitment to sustainable growth and supporting global food security.
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