Dec 10 (Reuters) - Singapore's Olam Group OLAG.SI said on Wednesday its unit olam food ingredients has secured a multi-tranche dual currency term loan facility aggregating US$1.12 billion.
The facility, consisting of two U.S. dollar tranches of $775 million and a tranche of 2.42 billion yuan ($342.68 million), would be transferred to the unit following its planned initial public offering and demerger.
($1 = 7.0619 Chinese yuan)
(Reporting by Sneha Kumar in Bengaluru; Editing by Subhranshu Sahu)
((Sneha.Kumar@thomsonreuters.com))
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