Press release
24th Sep, 2026
ofi announces issuance of US$300 million Perpetual Hybrid Capital Instrument
Singapore
Olam Group Limited ("Olam Group") today announced that its wholly owned operating group, olam food ingredients ("ofi"), has successfully completed the issuance of US$300 million of Perpetual Hybrid Capital Instruments ("HCIs"), representing ofi's inaugural hybrid capital transaction and marking the first syndicated bank-funded hybrid capital issuance in the food and beverage sector.
Rishi Kalra, Executive Director and Group CFO of ofi said:
“This transaction represents an important step in ofi’s capital management strategy. It broadens our access to long-term capital, diversifies our funding sources and strengthens our capital structure. The issuance also establishes an additional financing platform to support the business’s long-term funding requirements and growth objectives.”
The HCIs were issued by ofi Treasury B.V. (“OTBV”) and subscribed for by Melati Designated Activity Company (“Melati”), a third-party special purpose inve
Press release
31st Aug, 2026
ofi issues US$100 million 5-year notes via a private placement
Singapore
Olam Group Limited (“Olam Group”) announced today that Olam International Limited, a wholly owned subsidiary within olam food ingredients (“ofi”), a global leader in naturally good food and beverage ingredients, has priced a US$100 million issuance of 5-year floating rate notes (the “Notes”) via a private placement under its existing EMTN programme.
Proceeds from the Notes will be applied towards refinancing of ofi’s existing debt and general corporate purposes.
The Hongkong and Shanghai Banking Corporation Limited, Singapore Branch acted as Dealer for the issuance.
News
22nd Aug, 2025
Olam Group advances in corporate governance and transparency rankings
We are pleased to receive an improved score of 81.8 in the Singapore Governance and Transparency Index (SGTI) 2025 (2024: 77). The SGTI is a benchmark ranking for Singapore-listed companies and this year its scope of assessment was expanded to incorporate additional sustainability disclosures, including climate reporting. Olam’s score compares with the overall SGTI 2025 score of 70.9 in the general category.
As we continue on our Re-organisation journey to unlock value in Olam for our stakeholders, we will remain true to upholding governance frameworks that support sustainable value creation in line with the evolving expectations of our investors, customers, and communities worldwide.
About the SGTI
The SGTI, jointly conducted by CPA Australia, NUS Business School's Centre for Governance and Sustainability, and the Singapore Institute of Directors, evaluates SGX-listed companies on governance practices and transparency in financial disclosures.