Olam International has secured a US$150 million club loan from with DBS and ICBC’s Singapore branch, the agri-business said Tuesday.
SG stocks Thurs., 2 Dec. 2021: SGX, Olam, DHLT, M1, SPH, OCBC, Mapletree Commercial QT Vascular, IFS Capital, Trendlines, Hatten Land and Addvalue.
Olam obtained a US$150 million financing facility tied to procuring sustainable cotton under the Better Cotton Initiative (BCI).
Olam has acquired a 10% stake in a Saudi flour milling company as part of a consortium, the Singapore-listed agri-business said Wednesday.
HDB said Tuesday its S$1 billion 1.645 percent fixed rate notes due 2026 would be listed on SGX’s bond market on Wednesday.
Singapore stocks Thurs., 18 Nov. 2021: Olam, Cromwell European REIT, Riverstone, Singtel, SMI Vantage, Vallianz , Beng Kuang Marine and Reenova.
Olam plans to issue S$125M and S$25M in subordinated perpetual securities, with an initial distribution rate of 5.375 percent.
Olam is pricing SGD-denominated subordinated perpetual securities, at a guidance level of around 5.368%, according to a client note.
Singapore stocks in focus Tue., 16 Nov. 2021: Ascendas REIT, CapitaLand, Cuscaden Peak, SPH, Temasek, AIMS APAC REIT, Olam, Aoxin Q & M and Karin.
Singapore stocks Wed., 10 Nov. 2021: Keppel, SPH, GENS, SingHaiyi, UOB, Olam, SGX, EC World REIT, Far East Orchard, OxPay, CLI, Venture and CDG.
Wilmar and nine other global agri-business players committed at COP26 to urgently take action to halt deforestation, reduce greenhouse gas emissions (GHG) and improve supply chains.
Singapore companies in focus Fri., 7 Oct. 2021: Keppel, OUE C-REIT, Olam, CapitaLand Investment, Quarz Capital, Sabana Shariah REIT, Parkway Life REIT, KSH, Lian Beng, Heeton, AusGroup, Beng Kuang Marine and Metech.