Olam Group Limited announced on Aug, 19 2026 that its wholly owned subsidiary, olam food ingredients (ofi), has obtained a multi-tranche revolving credit facility and term loan totalling US$1,050 million.
The loan, borrowed by Olam Treasury Pte. Ltd., is initially guaranteed by Olam Group Limited; the guarantee is expected to transfer to ofi Group Limited following the planned IPO and demerger of ofi.
Proceeds will be used to refinance ofi’s existing debt and for general corporate purposes. The package comprises two-year and three-year revolving credit facilities and a three-year term loan.
Australia and New Zealand Banking Group Limited, Banco Bilbao Vizcaya Argentaria S.A., Cooperatieve Rabobank UA, DBS Bank Ltd, JP Morgan Chase Bank N.A., Mizuho Bank Ltd, MUFG Bank Ltd, National Australia Bank Limited, The Bank of Nova Scotia and The Hongkong and Shanghai Banking Corporation acted as mandated lead arrangers. The Hongkong and Shanghai Banking Corporation is the facility agent.