The group is to use the proceeds for refinancing debt of its promoter group entity
debt refinancing
Latest in debt refinancing
Abu Dhabi
AD Ports Group signs agreements to refinance $2.25bn debt
The agreements will enable the Group to save up to $12mn in financing costs over the next 12 months
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
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
debt market
Saudi Arabia plans to keep debt stable as oil income surges
Saudi Arabia plans to deliver its first budget surplus in eight years in 2022, along with the fastest economic growth since 2011
