Olam International Limited announced that it has priced a SGD 100 million reopening of its 4.00% fixed rate senior unsecured notes due 24 February 2026 through a private placement exercise. This increases the total bond size to a benchmark quantum of SGD 600 million. The Reopening Offering will be issued at par, plus accrued interest from the issue date of the Tranche 1 and Tranche 2 notes, and is scheduled to settle on 3 February 2021. Proceeds from the issuance will be used by Olam for debt refinancing and general corporate purposes. The Hongkong and Shanghai Banking Corporation Limited, Singapore Branch acted as sole dealer for the Reopening Offering.