Press Release

    Olam secures US$4.0 billion of financing facilities as it progresses on Re-organisation

    Press release


    Leading global food and agri-business, Olam International Limited (“Olam’’) announced today that it has secured multiple bank facilities aggregating US$4.0 billion, as it continues to progress on its Re-organisation Plan

    The facilities comprise a US$1.5 billion committed facility with a flexible tenor of up to 3 years (“Facility A”), a US$1.0 billion working capital facility (“Facility B”) and an US$1.5 billion total increase across the 2 bridge loan facilities announced in August 2021 (“Facility C”) and will be used to facilitate the allocation of existing debt to the new operating groups1.


    Olam’s Group CFO and CEO (Operations), N Muthukumar said:

    The signing of these facilities is yet another milestone in our Re-organisation plan to unlock value for our stakeholders. These facilities offer us additional flexibility to allocate financing in-line with the capital structure for our three operating groups.” 


    The Facility A and Facility C agreements include provisions that allow Olam to allocate the facilities to Olam Food Ingredients (“OFI”), Olam Global Agri (“OGA”) and Olam International (“OIL”) operating groups post the carve-out, separation, demerger and IPO of OFI as per the Re-organisation Plan. The Facility B agreement has OGA and its treasury entity as co-borrowers. 

    Australia & New Zealand Banking Group, Standard Chartered Bank (“SCB”) and The Hongkong and Shanghai Banking Corporation Limited (“HSBC”) were the Senior Mandated Lead Arrangers for Facility A. HSBC and SCB were also the arrangers for Facility B, while BNP Paribas, Credit Suisse, DBS Bank, Mizuho Bank and Rabobank joined as additional lenders in Facility C. 


    1 The new operating groups were created in early 2020 following the announcement of the Re-organisation of Olam to unlock and maximise its long-term value. OFI intends to seek a primary listing on the premium segment of the London Stock Exchange, and a concurrent secondary listing in Singapore in H1 2022. 


    About Olam International

    Olam International is a leading food and agri-business supplying food, ingredients, feed and fibre to 17,300 customers worldwide. Our value chain spans over 60 countries and includes farming, processing and distribution operations, as well as a sourcing network of an estimated 5.0 million farmers. 

    Through our purpose to ‘Re-imagine Global Agriculture and Food Systems’, Olam 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 currently ranks among the top 30 largest primary listed companies in terms of market capitalisation on SGX-ST. 

    Since June 2020, Olam International has been included in 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. The FTSE4Good Index Series identifies companies that demonstrate strong Environmental, Social and Governance (ESG) practices and is used by a variety of market participants to create and assess responsible investment funds. 

    To subscribe to the Olam Newsroom please visit (privacy statement here). If you do not wish to receive information from Olam, please contact  

    More information on Olam can be found at

    Olam is located at 7 Straits View, Marina One East Tower #20-01, Singapore 018936.

    Telephone: +65 63394100, Facsimile: +65 63399755.


    Issued on behalf of Olam International Limited by:

    WATATAWA Consulting, 77 Robinson Road, Robinson 77 #33-00, Singapore 068896

    For further information, please contact:
    Contacts for Olam Investor Relations
    • Aditya Renjen
    • Senior Vice President
    • +65 66031104, 96570339
    • Chow Hung Hoeng
    • General Manager
    • +65 63179471, 98346335
    Contacts for WATATAWA
    • Josephine Chew
    • Managing Director
    • +65 90610353
    • Ong Chor Hao
    • Deputy Director
    • +65 96272674

    Subscribe to Our News Alerts