NEW ISSUE: OLAM INTERNATIONAL LIMITED SGD 5 YR ISSUE ISSUER: Olam International Limited SERIES: 005 STATUS: Direct, unconditional, unsubordinated and unsecured RATING: Unrated FORMAT: Reg S, S274 & 275 of SFA, Bearer form, issuance off US$5 billion Euro Medium Term Note Programme TENOR: 5 years INITIAL PRICE GUIDANCE: Mid 4% area ISSUE SIZE: Benchmark PAYMENT: Semi-annual, actual/365 (fixed) DETAILS: SGD250K/Euro Medium Term Note Programme/English Law/CDP LISTING: SGX-ST Olam is back although it is not the Olam that we knew. It is Temasek (Olam). I will not bother to go into detail on parent – subsidiary relationships and debt undertaking because we are all going to assume that Temasek will be there to bail out Olam forever after the steps they have taken for this whole exercise. So Olam = Temasek = AAA/Aaa/AAA ??? (NOT TRUE !!!!!) This 4% should be a sell out. Olam 5.8% 07/2019 is going at 4.......