Together, they represent one of the largest syndicated borrowings in the GCC
The transaction includes a US$ 1.75bn five-year sustainability-linked syndicated term loan (SLL) and a US$ 500mn five-year Club Commodity Murabaha term facility. Together, they represent one of the largest syndicated borrowings in the GCC.
Initially launched at USD 1bn, the SLL was oversubscribed by more than twice, enabling an increase to US$ 1.75bn. The strong demand reflects global investor confidence in Emirates NBD’s credit strength, supported by its solid balance sheet and disciplined financial management.
Despite a challenging regional and global environment, the SLL achieved the tightest pricing in the bank’s history for a syndicated loan, along with an extended tenor. The facility strengthens liquidity, diversifies funding and provides long-term USD resources to support strategic growth and enhance shareholder value.
Strong credit profile
“The successful closing of this financing reinforces Emirates NBD’s strong credit profile and our position as a preferred counterparty in global loan markets. This transaction further strengthens our liquidity position and supports the execution of our long-term growth ambitions,” noted Shayne Nelson, Group Chief Executive Officer, Emirates NBD.
“This syndication reflects Emirates NBD’s strong capital strategy and prudent financial management. It enhances our long-term US$ funding profile and supports strategic growth priorities while delivering sustainable value,” concluded Ahmed Al Qassim, Group Head, Wholesale Banking, Emirates NBD.
