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Olam resets distribution rate on S$ 604.5 million perpetual securities to 9.08%

PUBT·07/17/2026 04:07:40
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Olam resets distribution rate on S$ 604.5 million perpetual securities to 9.08%
  • OLAM reset the distribution rate on its SGXF39597590 S$ 604.5 million 5.375% subordinated perpetual securities to 9.08% from July 18, 2026.
  • The reset reflected a step-up margin of 2% and a benchmark switch from the discontinued Swap Offer Rate to a 5-year SORA-OIS rate.
  • An adjustment spread of 0.31% was applied in the benchmark replacement exercise.
  • OLAM reiterated plans to redeem all outstanding securities on Jan. 18, 2027.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. OLAM Group Limited published the original content used to generate this news brief via Singapore Exchange Limited (SGX) (Ref. ID: KTZY06JKQYC6D9DQ) on July 17, 2026, and is solely responsible for the information contained therein.