Olam proposes rights issue to raise about $445m to pare debt

Olam proposes rights issue to raise about $445m to pare debt

Singapore-based commodity trader Olam International said on Tuesday it was planning a rights issue to raise net proceeds of about S$597.9 million ($445 million) to pay down some debt.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter