--- title: "Olam's ofi secures $1.62b dual-tranche loan for IPO prep" type: "News" locale: "en" url: "https://longbridge.com/en/news/279523667.md" description: "Olam Group Limited's subsidiary, Olam Food Ingredients (ofi), has secured a $1.62 billion dual-tranche syndicated loan to prepare for its IPO. The facility includes a two-year $662 million revolving credit and a three-year $956 million term loan. Initially guaranteed by Olam Group, the guarantee will shift to ofi Group Limited post-IPO and demerger. The loan involved 11 banks, with The Hongkong and Shanghai Banking Corporation acting as the facility agent." datetime: "2026-03-18T02:55:35.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/279523667.md) - [en](https://longbridge.com/en/news/279523667.md) - [zh-HK](https://longbridge.com/zh-HK/news/279523667.md) generator: "portal-rs" --- # Olam's ofi secures $1.62b dual-tranche loan for IPO prep **The facility comprises a two-year revolving credit and a three-year term loan tranche.** Olam Group Limited’s wholly owned subsidiary, olam food ingredients (ofi), has secured its first dual-tranche syndicated loan facility totalling $1.62 b (EUR1.1 b). The facility names Olam Treasury B.V. as a borrower and is initially guaranteed by Olam Group. The guarantee will transfer to ofi Group Limited following the planned initial public offering and demerger. The facility comprises a two-year $662m (EUR450m) revolving credit tranche with a one-year lenders’ extension option, and a three-year $956m (EUR650m) term loan tranche. A total of 11 banks participated across two tiers, with The Hongkong and Shanghai Banking Corporation appointed as the facility agent. ($1 = EUR0.68) ### Related Stocks - [ABVEW.US](https://longbridge.com/en/quote/ABVEW.US.md) - [VC2.SG](https://longbridge.com/en/quote/VC2.SG.md) - [ABVE.US](https://longbridge.com/en/quote/ABVE.US.md) - [FTXG.US](https://longbridge.com/en/quote/FTXG.US.md) - [ABVEF.US](https://longbridge.com/en/quote/ABVEF.US.md) ## Related News & Research - [Olam H1 profit up six times at S$1.9 billion on Olam Agri spin-off; eyes ‘full value’ from ofi, divestments](https://longbridge.com/en/news/295931860.md) - [Singapore's Olam posts sixfold jump in first-half profit, declares special dividend](https://longbridge.com/en/news/295860100.md) - [NowVertical Group reports Q2 results](https://longbridge.com/en/news/296314409.md) - [Lument Finance (LFT) Q2 2026 Earnings Call Transcript](https://longbridge.com/en/news/296563323.md) - [Jefferies Credit Partners Is Moving Its Own Loans Into a New Fund](https://longbridge.com/en/news/296401250.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**