Olam International has, through its wholly-owned subsidiary, Olam Holdings B.V., secured a two-year committed loan facility of US$1 billion ($1.33 billion).

The facility is guaranteed by Olam and will be used to finance the acquisition of Olde Thomson, a US-based manufacturer of spices and spice-related housewares.

SEE:Olam joins Temasek, Singapore Airlines, in providing support and relief to India

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