Aolan Food Ingredients secures RMB 1.45 billion dual-currency term loan financing | Lianhe Zaobao

Aolan Group's wholly-owned subsidiary Aolan Food Ingredients has obtained a dual-currency term loan financing of RMB 1.45 billion. The financing is provided by Olam Treasury as the lender, guaranteed by Aolan Group, and will be guaranteed by ofi after its initial public offering. The financing is used for refinancing existing loans and general corporate purposes. The financing includes a loan of USD 775 million and RMB 2.415 billion. 12 banks participated, including Bank of China, HSBC, and others. Aolan Group's stock price fell by 0.53%