Olam Agri Secures $1.85 Billion Financing
Deal News | Jun 02, 2025 | Zawya
Subsidiaries of Olam Agri, based in Singapore and part of the Olam Group, have secured a significant $1.85 billion dual-tranche financing facility. Split into a $1.6 billion conventional financing and a $250 million Islamic tranche, this funding aims at supporting general corporate purposes. Olam Group holds a 64.6% stake in Olam Agri with the remainder owned by SALIC International Investment Company, a subsidiary of Saudi Arabia's PIF. Key financial institutions played critical roles as senior mandated lead arrangers (MLA) for the conventional tranche, with Dubai Islamic Bank taking lead on the Islamic tranche. HSBC has been assigned as the facility agent for the conventional tranche.
Sectors
- Agriculture and Food
- Finance and Banking
Geography
- Singapore – Olam Agri is based in Singapore, making it the central geography for the article.
- Saudi Arabia – Saudi Arabian PIF, through its subsidiary, is a partial owner of Olam Agri, contributing to the financing facility.
Industry
- Agriculture and Food – The industry is relevant because Olam Agri operates in agriculture commodities trading.
- Finance and Banking – The industry is relevant because the article discusses a major financing facility involving multiple international banks.
Financials
- $1.85 billion – Total dual-tranche financing facility secured by Olam Agri.
- $1.6 billion – Conventional financing facility tranche.
- $250 million – Islamic financing facility tranche.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Olam Agri | Target Company | Companies | A subsidiary of Olam Group, involved in agricultural commodity trading. |
| Olam Group | Holding Company | Companies | Parent company of Olam Agri, holding a 64.6% stake. |
| SALIC International Investment Company | Partial Owner | Companies | A subsidiary of the Saudi Agricultural and Livestock Company, holding a stake in Olam Agri. |
| PIF (Public Investment Fund) | Partial Owner | Companies | The Saudi sovereign wealth fund that indirectly partly owns Olam Agri. |
| Australia and New Zealand Banking Group Limited | Senior Mandated Lead Arranger | Companies | Engaged as a senior MLA for the conventional tranche. |
| Banco Bilbao Vizcaya Argentaria | Senior Mandated Lead Arranger | Companies | Engaged as a senior MLA for the conventional tranche. |
| BNP Paribas | Senior Mandated Lead Arranger | Companies | Engaged as a senior MLA for the conventional tranche. |
| ING Bank | Senior Mandated Lead Arranger | Companies | Engaged as a senior MLA for the conventional tranche. |
| Intesa Sanpaolo Bank | Senior Mandated Lead Arranger | Companies | Engaged as a senior MLA for the conventional tranche. |
| Natixis | Senior Mandated Lead Arranger | Companies | Engaged as a senior MLA for the conventional tranche. |
| First Abu Dhabi Bank | Mandated Lead Arranger | Companies | Engaged as an MLA for the conventional tranche. |
| Dubai Islamic Bank | Senior Mandated Lead Arranger and Investment Agent | Companies | Plays lead role for the Islamic tranche. |
| HSBC | Facility Agent | Companies | Acts as the facility agent for the conventional tranche. |