, Singapore
199 views
Logo from Olam Agri

Olam Agri expands funding mix with $625M Murabaha facility

The company will use proceeds from the facility for general corporate purposes.

Olam Agri secured a US$625m commodity Murabaha facility from global investors.

The facility is initially guaranteed by Olam Agri’s parent company, Olam Group.

Olam Group will transfer the facility to Olan Agri after the planned IPO and demerger of the latter.

Olam Agri will use proceeds from the facility for general corporate purposes.

“This landmark commodity Murabaha financing further diversifies Olam Agri’s funding mix with access to a new investor pool which provides financing based on Shariah principles,” N Muthukumar, Group CFO of Olam Group and CEO of Operations at Olam Agri, said.

Join Singapore Business Review community

Follow the link for more news on

Join Singapore Business Review community
A NOTE FROM SINGAPORE BUSINESS REVIEW

Reaching the people who run Asia's businesses is harder than it used to be.

Inboxes are crowded. Attention is short. The executives you most want to reach — the founders, CFOs, and operators who actually move budgets — are the hardest to find through the usual channels. If you're building a company, a category, or a reputation, you already know this.

We've spent twenty years building the room they read. Singapore Business Review is where senior decision makers in Singapore and across Southeast Asia come for business coverage they can't get elsewhere — in print, online, and in person at the summits and roundtables we host across seven markets.

If you have something these readers should know about — a point of view worth publishing, a product worth their attention, an event worth their time — we'd like to hear what you're trying to do.