Olam Agri

Company in the news

Olam Agri secures US$615 mil financing facility

The facility is initially guaranteed by Olam Group. This will transfer to Olam Agri after its planned IPO and demerger.

Company in the news

Olam sees prices and supply chain woes easing; geopolitical uncertainties persist

The company will soon be seeking shareholder approval for the concurrent Olam Agri IPO both on the SGX and Tadawul.
Credit Suisse, Mizuho join banks on US$1 bil Olam Agri listing - THE EDGE SINGAPORE

IPO

Credit Suisse, Mizuho join banks on US$1 bil Olam Agri listing

EFG Hermes and SNB Capital have also been added as joint bookrunners on Olam Agri’s planned dual-listing.

IPO

Olam Agri’s IPO rides on the back of enhanced global focus on food security

Acknowledging reports claiming that the IPO is seeking to raise up to US$1 billion, Verghese says the size is still undetermined.

Commodities

Olam's spin off is timely

Olam Agri has chosen the correct moment to expand.
Olam Group to list Olam Agri as early as 1H2023 - THE EDGE SINGAPORE

IPO

Olam Group to list Olam Agri as early as 1H2023

The IPO will have its primary listing in Singapore and a potential concurrent listing in Saudi Arabia.

Company in the news

Olam Agri picks banks for US$1 bil Singapore listing

The banks selected are Citigroup Inc., DBS Group Holdings Ltd., HSBC Holdings Plc and Morgan Stanley.

Company in the news

Olam Agri secures US$2 bil bridge loan facility to support group reorganisation plan

The transaction provides Olam Agri wit significant financial flexibility while the group continues on its reorganisation pathway.
Olam's 1HFY2022 earnings marginally up by 1.8% to $429.1 mil as it continues reorganisation plan - THE EDGE SINGAPORE

Results

Olam's 1HFY2022 earnings marginally up by 1.8% to $429.1 mil as it continues reorganisation plan

Olam is cautiously optimistic about its prospects for the rest of 2022.

Company in the news

Olam Agri secures $1.03 bil medium term loan facility

Proceeds from the facility will be applied towards the refinancing of Olam Agri’s existing loans for general corporate purposes.
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