Olam Group Limited (SG:VC2) has released an update.
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Olam Agri, a subsidiary of Olam Group Limited, has successfully obtained a $625 million Shariah-compliant financing facility, engaging a consortium of international investors for general corporate purposes. This strategic move not only diversifies Olam Agri’s financial portfolio but also aligns with Shariah principles, expanding its investor base. The facility will support Olam Agri’s business, which is integral to global food, feed, and fibre trade, post its planned IPO and demerger.
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