Olam Agri subsidiaries Olam Global Agri and Olam Global Agri Treasury are the purchasers of the facility, which has a tenor of three years.
Olam Agri, the food, feed and fibre operating group of Olam Group (SGX:VC2
) (SGX:VC2) , has secured US$625 million ($842.1 million) Shariah-compliant financing facility on April 4.
The commodity Murabaha facility, the first Shariah-compliant facility secured by Olam, has a diverse group of global investors including the United Arab Emirates, Malaysia, Singapore and Hong Kong.
