Press release
30th May, 2025
Olam Agri secures US$1,850 million, conventional and Islamic, dual tranche financing facility
Singapore
Olam Group Limited (“Olam Group”) announced today that its food, feed and fibre operating group, Olam Agri, has secured a 3-year US$1,850 million financing facility (“the Facility”). The dual tranche facility has a US$1,600 million conventional and a US$250 million Islamic tranche.
The Facility has Olam Agri subsidiaries, namely, Olam Global Agri Pte. Ltd. and Olam Global Agri Treasury Pte. Ltd. as borrowers of the conventional tranche and as purchasers for the Islamic tranche.
The Facility is initially guaranteed by Olam Group which will be assumed by Olam Agri upon demerger of Olam Agri. Proceeds from the Facility will be applied towards general corporate purposes.
For the conventional tranche, the Senior Mandated Lead Arrangers are Australia and New Zealand Banking Group Limited, Banco Bilbao Vizcaya Argentaria, BNP Paribas, ING Bank, Intesa Sanpaolo Bank, and Natixis. First Abu Dhabi Bank is Mandated Lead Arranger.
For the Islamic
News
16th May, 2023
Providing Access to Clean Drinking Water in Satikran, Côte d'Ivoire
In the small village of Satikran, located about 30 km from Abengourou in the sub-prefecture of Aniassué, life is changing for the better. Olam Agri's rubber business in Côte d'Ivoire – Société Agro-Industrielle de la Comoé (SAIC) – has donated a solar water pump to the village, bringing access to clean drinking water to more than 12,000 inhabitants.
The donation is part of the Nassey program, which means "Thank You" in the local dialect and aims to show our appreciation and commitment to social development for rural communities. The solar-powered water pump will provide the community with safe and clean drinking water, something they have long struggled to access.
The donation, which was made in time for World Water Day, had Augustin Apetey, Deputy Managing Director of SAIC, expressing his joy at the pump’s impact on the community saying, "What a relief for our mothers, sisters, and daughters! So many lives to change!"
Blog
20th Mar, 2023
Building a Business that Conserves Forests, One Step At a Time
“I have worked in the Congo basin for years, but nothing could have prepared me for the moment when I was just steps away from Buka, who belongs to one of the four groups of habituated silverback gorillas living in the vicinity of our forest concessions in the Congo Basin,” says Vincent Istace, Head of Corporate Responsibility & Sustainability at Congolaise Industrielle des Bois (CIB), an Olam Agri subsidiary.
Personal pictures of Paki Paki taken by Vincent Istace in 2021. © Vincent Istace
“This landscape is ideal for wildlife viewing compared to other natural forests in the area. The forest is more open, making it easier to see and spot gorillas and other wildlife. This feature has made sites such as Mondika one of the world’s most interesting spots for the study of great apes.
It may surprise some to hear that critical gorilla and chimpanzee habitats around the buffer zones of Nouabale-Ndoki National Park, are also where sustainable timber harvesting is practiced.”
Forest