Press release
5th Dec, 2022
Olam Agri secures US$2,000 million bridge financing
Singapore
Olam Agri, the food, feed and fibre operating group of Olam Group Limited (“Olam Group”), announced today that it has secured a US$2,000 million bridge financing facility (“the Facility”).
The 18-month bridge loan facility will be used to support Olam Group’s Re-organisation Plan and may be used for general corporate purposes.
N Muthukumar, Group CFO of Olam Group and CEO of Operations at Olam Agri said:
“This transaction gives Olam Agri significant financial flexibility while Olam Group continues on its Reorganisation pathway. We thank our banking partners for their strong commitment and support.”
The bridge financing has Olam Global Agri Treasury Pte. Ltd. as Borrower. The facility is guaranteed by Olam Group Limited. The terms of the Facility include provisions that facilitate the ongoing Re-organisation Plan.
DBS Bank, Citibank, MUFG Bank Ltd. and The Hongkong And Shanghai Banking Corporation Limited (“HSBC”) participated as Senior Mandated Lead Ar
News
28th Oct, 2022
Olam Agri Cameroon marks World Breast Cancer Awareness Month
In honor of Breast Cancer Awareness Month, Riz Mémé in partnership with Olam Agri Cameroon, launched a week-long awareness campaign to spread knowledge on breast cancer, its preventive measures, and ways to combat the disease. The campaign included various activities highlighting the importance of adopting a healthy lifestyle, methods of prevention, early detection, screening and a donation exercise.
Blog
16th Nov, 2022
Enhancing Workforce Nutrition in Ghana
As part of its efforts to improve workplace nutrition and promote healthy living among employees, Olam Agri Ghana is providing fortified rice to employees across all 6 locations during lunchtime.
