Olam Group’s arm OFI secures $1.98b sustainability loan from 19 banks

Olam Group’s arm OFI secures $1.98b sustainability loan from 19 banks

OFI's food products include cocoa, coffee, dairy, nuts, and spices.

Olam Food Ingredients (OFI) — a wholly-owned subsidiary of the Singapore Stock Exchange (SGX)-listed commodity trader Olam Group — has obtained a multi-tranche, sustainability-linked debt facility of $1.975 billion from 19 banks across Australia, Canada, Europe, Japan, Singapore, the Middle East, and the US.