Olam Group issues USD 300 million hybrid capital as Olam Group stock trades at EUR 0.64

Published on 10/05/2026 at 08:04 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Olam Group reports S$1.9 billion PATMI for the first half of 2026, up 488.70 percent. Olam Group stock costs EUR 0.64 on October 5, 2026.

Olam Group, SGXE65760014, Illustration mit AI erstellt.

Olam Group (ISIN SGXE65760014) announced a USD 300.00 million hybrid capital issuance through its wholly owned food ingredients unit ofi on September 24, 2026, while Olam Group stock was trading at EUR 0.64 at Lang & Schwarz on October 5, 2026 at 7:59 a.m. CEST. The issuance is intended to refinance existing debt and support general corporate purposes, according to Olam Group.

USD 300 million strengthens funding

The hybrid securities mark ofi's first transaction of this type and broaden its funding sources. The company said the instruments are not expected to create a material change in ofi's or Olam Group's debt or gearing, making refinancing capacity the immediate financial point.

A Singapore Exchange announcement dated September 24, 2026 identifies Olam Group Limited as the issuer connected with ISIN SGXE65760014 and ticker VC2, and records the USD 300.00 million transaction, according to SGX.

Exceptional gains lift first-half profit

Olam Group reported profit after tax and minority interest of S$1.9 billion for the first half of 2026, up 488.70 percent year on year. The result included S$1.75 billion of one-off gains from the disposal of a 44.58 percent stake in Olam Agri, the sale of Mindsprint and fair value movements, as detailed by Olam Group in its August 14, 2026 results release.

The underlying picture was more restrained. Operational profit after tax and minority interest from continuing operations rose by S$84.70 million year on year to S$64.40 million, while net gearing fell from 2.09 times to 0.93 times as divestment proceeds reduced debt. The figures separate balance-sheet progress from disposal-driven headline earnings.

EUR 0.64 before the Singapore close

Lang & Schwarz quoted Olam Group at EUR 0.64 on October 5, 2026 at 7:59 a.m. CEST, unchanged at plus 0.00 percent versus the prior close of EUR 0.64 on October 2, 2026. On the Singapore Exchange, the stock was last at SGD 0.92 on October 5, 2026 at 1:53 p.m. SGT, within a 52-week range of SGD 0.81 to SGD 1.46; market capitalization stood at SGD 3.5 billion.