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      ofi secures inaugural EUR financing facility of EUR 1,100 million

      Press release 18th Mar, 2026

      Singapore 

      Olam Group Limited (“Olam Group”) announced today that its wholly owned subsidiary, olam food ingredients (“ofi”), a global leader in naturally good food and beverage ingredients, has secured its inaugural dual-tranche EUR syndicated loan facility aggregating EUR 1,100 million (the “Facility”).

      Rishi Kalra, Executive Director and Group CFO of ofi said:
      “I am delighted to announce the successful completion of our inaugural EUR financing. This facility demonstrates our ability to tap into diverse pools of capital to further diversify our borrowing mix. It enhances our robust liquidity position and provides financial flexibility to execute our strategy and deliver value to our stakeholders.”

      The Facility has Olam Treasury B.V. (“OTBV”) as a Borrower. The Facility is initially guaranteed by Olam Group Limited which would transfer to ofi Group Limited following the planned IPO and demerger of ofi. Proceeds from the Facility will be applied towards refinancing of ofi’s existing loans and general corporate purposes. The Facility comprises a two-year EUR 450 million revolving credit tranche with a lenders’ extension option of one year and a three-year EUR 650 million term loan tranche.

      A total of 11 banks participated in the Facility across two tiers:

      Mandated Lead Arrangers

      1. Banco Bilbao Vizcaya Argentaria SA
      2. Credit Agricole Corporate & Investment Bank
      3. First Abu Dhabi Bank PJSC
      4. ING Bank NV
      5. KfW Ipex-Bank GmbH
      6. Natixis
      7. Cooperatieve Rabobank UA
      8. Unicredit Bank GmbH

      Lead Arrangers

      1. Banco Santander SA
      2. Commonwealth Bank of Australia Europe NV
      3. DZ Bank AG

      The Hongkong and Shanghai Banking Corporation has been appointed as the Facility Agent.

      Back to All News

      About Olam Group

      Olam Group is a leading food and agri-business supplying food, ingredients, feed and fibre to almost 22,000 customers worldwide. Our value chain spans over 60 countries and includes farming, processing and distribution operations, as well as a global network of farmers.

      Through our purpose to ‘Re-imagine Global Agriculture and Food Systems’, Olam Group aims to address the many challenges involved in meeting the needs of a growing global population, while achieving positive impact for farming communities, our planet and all our stakeholders.

      Headquartered and listed in Singapore, Olam Group is a component stock of the iEdge Singapore Next 50 index and a Singapore constituent of market indices including the FTSE Global All World Ex US Index, FTSE Developed All Cap Ex US Index, MSCI World ESG Screened Index, MSCI EAFE Small Cap Index and MSCI EAFE Investable Market Index (IMI). It is also part of the FTSE4Good Index Series, a global sustainable investment index series developed by FTSE Russell, following a rigorous assessment of Olam’s supply chain activities, impact on the environment and governance transparency.

      More information on Olam can be found at www.olamgroup.com. 

      Olam is located at 7 Straits View, Marina One East Tower #20-01, Singapore 018936. Telephone: +65 63394100, Facsimile: +65 63399755.

      Contacts for Olam Investor Relations:
      Contacts for WATATAWA

      Also in the News

      Press release
      10th Apr, 2026

      Olam Group publishes 2025 Annual Report “From Vision to Value” and announces Board and management changes

      Singapore Chairman Lim Ah Doo, Co-Founder, Executive Director and Group CEO Sunny Verghese to step down from Olam Group Limited on conclusion of its 5th AGM on April 27, 2026 Deputy Chairman Yap Chee Keong will assume role as Chairman Board plans to appoint a Lead Independent Director, with the search for another independent director underway ofi CEO Shekhar Anantharaman to be appointed as Executive Director on the Board Management changes, new management structure and executive appointments to support operating groups and execution of Re-organisation Plan Group CFO N. Muthukumar to step down at the conclusion of the 5th AGM Venkataraman Krishnan to be appointed as new Group CFO on the same day  Gautam Wadhwa to be appointed as CEO of OGH1  on April 20, 2026 Olam Group Limited (“Olam Group” or “OGL”) has published its 2025 Annual Report entitled “From Vision to Value”, which comprises three comprehensive components – Strategic Report
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      Press release
      6th Apr, 2026

      Olam Group announces proposed divestment of Mindsprint to Wipro as part of its Re-organisation Plan

      Singapore  Olam Group to divest its IT and digital services business, Mindsprint, to global technology services and consulting company, Wipro, for US$375 million, marking another step forward in its Updated 2025 Re-organisation Plan1.  Awards an eight year strategic transformation deal to Wipro with a committed annual spend of US$100 million.  The combined capabilities of both Mindsprint and Wipro will accelerate Olam Group’s mission-critical programmes, strengthen its core operation and deliver scalable outcomes.  Olam Group Limited (“Olam Group” or the “Company”, together with its subsidiaries “the Group”) today announced that it has entered into a definitive agreement with Wipro Limited (“Wipro”) to sell its 100% stake in Mindsprint Pte. Ltd. (“Mindsprint”) for a cash consideration of US$375 million, subject to closing adjustments (the “Proposed Sale”).  The Proposed Sale is in line with the Group’s Updated 2025 Re-organisation Plan to respons
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      Press release
      2nd Mar, 2026

      Olam Agri secures 7-year US$100 million financing from FMO

      Singapore  Olam Group Limited (“Olam Group”) announced today that its food, feed and fibre operating group, Olam Agri, has secured a 7-year US$100 million financing facility (“the Facility”) from Nederlandse Financierings-Maatschappij Voor Ontwikkelingslanden N.V. (“FMO”). The Facility has Olam Agri subsidiaries, namely, Olam Global Agri Pte. Ltd. and Olam Global Agri Treasury Pte. Ltd. as borrowers. The Facility is initially guaranteed by Olam Group which will be assumed by Olam Agri upon demerger of Olam Agri. Olam Agri will use the proceeds to support the flow of rice from India, Thailand, and Vietnam to African countries that depend on rice as a dietary food staple. This contributes to food security and strengthens value chain resilience in those markets. Hans Bogaard, Director Agribusiness, Food & Forestry at FMO, said: “We are pleased to support Olam, a founding member of the Sustainable Rice Platform that promotes low-emission, water-efficient rice farming. Its c
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