Olam Group's (SGX:VC2) food, feed and fibre operating group, Olam Agri, secured two loan facilities worth $2.0 billion, according to a filing with the Singapore Exchange on Tuesday.
The faciltiies have been loaned to Olam Global Agri and Olam Global Agri Treasury with maturity in July 2028.
Olam Group is the guarantor of the faciltiies which will be used to refinance existing loans and for general corporate purposes.