Olam Group Limited announced on Jun, 22 2026 that it intends to redeem, repurchase and cancel all remaining 5.375% subordinated perpetual securities with an outstanding principal amount of 604.5 million Singapore dollars.
The company said the action will be executed as soon as practicably possible, subject to completion of administrative arrangements, clearing system protocols and the issuance of relevant notices. Further information on the redemption process and timeline will be provided in due course.
Olam Group emphasised that the announcement is a statement of intent rather than a formal notice of redemption and advised securityholders and potential investors to exercise caution when dealing in its securities.