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.
Financial Press Release
14th Aug, 2026
Olam Group reports PATMI of S$1.9 billion, up 488.7% year-on-year for H1 2026; declares total dividends of 7.0 cents per share
Higher PATMI due to total one-off gain of S$1.75 billion, comprising gains from the disposal of 44.58% stake in Olam Agri (“Tranche 1”) and 100.0% interest in Mindsprint, and fair value gain on the valuation of the put and call option for the remaining stake in Olam Agri.
Adjusting for the S$1.75 billion one-off gain and non-cash foreign exchange gains recorded in H1 2025, Operational PATMI from continuing operations1 grew by S$84.7 million to S$64.4 million year-on-year.
Net gearing down from 2.09 times to 0.93 times on reduced net debt with de-leveraging at OGH from divestment proceeds and lower working capital related debt in ofi.
Board declares total dividends of 7.0 cents per share, comprising an interim ordinary dividend of 1.0 cent per share and a special dividend of 6.0 cents per share.
