Olam Multi Country Multi Commodity facility

completed

Olam International Limited (Olam or the company) supplies raw and processed agricultural commodities, grown mainly by community and SME producers in emerging countries, to well established regional and international clients. It is a fully integrated company that engages in the sourcing, primary processing, transport, warehousing and distribution of a broad range of commodities, including cocoa, rice, timber, cashew, cotton, coffee, sugar, sesame, sheanuts, and spices. The project is to provide Olam with a $150 million multi-country multi-commodity 2-year committed working capital facility, to help Olam International restructure and increase its working capital lines to provide more flexible financing for its supply chain management activities, and allow them to increase trading volumes from Africa (mainly Cameroon, Ivory Coast, Burkina Faso, Benin, Togo and Nigeria), Asia (mainly Vietnam and Indonesia) and other countries where Olam operates.