The Abu Dhabi-based group successfully refinances and upsizes its existing RCF from $1 billion to $2.125 billion
refinancing
Latest in refinancing
Abu Dhabi
Barakah One completes successful refinancing of UAE’s nuclear energy plant
Barakah One company refinances outstanding loan from Korean bank with Abdu Dhabi Commercial Bank and First Abu Dhabi Bank
commercial real estate
Tecom Group secures refinancing for existing loan at better terms
New five-year unsecured loan of $2 billion refinanced at a competitive rate and will enhance cash flow profile
Abu Dhabi
Fertiglobe announces refinancing of outstanding loans at attractive terms
The Abu Dhabi-based company also upsizes its existing and untapped Revolving Credit Facility from $300 million to $600 million
bond issuance
Saudi Arabia announces partial repurchase of $1.3 billion outstanding dollar-denominated bonds
These bonds are maturing in 2023, 2025 and 2026
Abu Dhabi
TAQA to refinance Mirfa Power and Water Plant with $1.09 billion funding
The long-term financing raised by nine international and regional leading banks, will mature in 2024
debt refinancing
Saudi Arabia’s PIF close to refinancing $11 billion loan
In 2018, the PIF signed the $11 billion loan, which was provided by some of the world’s biggest lenders including Goldman Sachs Group, HSBC Holdings, and JPMorgan
Abu Dhabi Exports Office
Abu Dhabi Exports Office signs financing pact with West African 15-member group
The $20 million credit line with ECOWAS Bank is aimed at boosting Emirati exports to the African market
CIBC
Zain KSA agrees $600m Murabaha facility
Deal to refinance existing $600 million facility with Commercial and Industrial Bank China
Al Dur Power & Water
Bahrain power firm closes $1.3bn refinancing deal
Al Dur Power & Water Company announces successful closure of a refinancing facility provided by a syndicate of 20 banks
loan guarantees
Italy’s SACE plans to back $1.6bn in debt to Saudi Arabia – CEO
SACE plans to offer more than $1bn in credit support to UAE projects awarded to Italian companies
loan refinancing
Saudi Arabia working with banks on $10bn loan refinancing – sources
Loan refinancing will include a repricing of the debt facility and a maturity extension, to 2023 from 2021