Emirates NBD Completes $2.25 Billion Financing
Emirates NBD announced the successful completion of a $2.25 billion long-term financing facility. The deal comprises a $1.75 billion five-year Sustainability-Linked Term Loan facility and a $500 million five-year Murabaha commodity financing facility.
Together, the two financings represent one of the largest syndicated loan facilities in the GCC region. The Sustainability-Linked Term Loan facility was initially launched at $1 billion and was oversubscribed more than double, leading to an increase to $1.75 billion.
This strong demand reflects global investor confidence in Emirates NBD’s creditworthiness, underpinned by its robust balance sheet and disciplined financial management.
Despite regional and global challenges, the bank successfully completed a syndicated term loan facility with a sustainability-linked structure, achieving the most competitive rates in its history for a syndicated loan, along with an extended maturity.
This facility enhances liquidity, diversifies funding sources, and provides long-term dollar resources to support strategic growth and enhance shareholder value. Emirates Islamic, the Islamic banking arm of Emirates NBD, arranged the $500 million, five-year Murabaha syndicated term loan facility for commodities.
This facility was also highly competitively priced compared to the bank's peers in the Islamic banking sector across the region and was executed within a record timeframe, reflecting exceptional efficiency in execution and coordination among all stakeholders.
This transaction builds on the Group’s track record in capital markets, following Emirates NBD’s successful completion of a $750 million, seven-year Asian financing facility in February 2026 and Emirates Islamic’s issuance of the world’s first sustainability-linked sukuk in 2025.
Shayn Nelson, Group CEO of Emirates NBD, stated that the successful completion of this financing reinforces Emirates NBD’s strong credit profile and its position as a preferred lender in global loan markets.
He added that the strong demand from international lenders, coupled with competitive pricing, reflects continued market confidence in the UAE financial sector and the bank’s ability to diversify its funding sources on competitive terms. This transaction will further strengthen the bank’s liquidity position and support its long-term growth ambitions.
Ahmed Al Qassim, Group Head of Business Banking at Emirates NBD, confirmed that this syndicated financing reflects the bank’s robust capital strategy and prudent financial management.
He added that it will enhance the bank’s long-term dollar funding position and support its strategic growth priorities while delivering sustainable value. This syndicated transaction attracted participation from 15 institutions across the Americas, Europe, and Asia.
Bank of America, BNP Paribas, DBS Bank Limited, and Emirates NBD Capital Limited acted as joint lead managers, bookrunners, and sustainability coordinators for the Emirates NBD transaction, while Emirates NBD Capital Limited served as the sole coordinator for the Emirates Islamic transaction.
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