Abu Dhabi National Energy Company (TAQA)

Abu Dhabi National Energy Company (TAQA) - RCF Refinancing

Borrower(s)
Abu Dhabi National Energy Company (TAQA)
Industry
Oil & gas/Oil - Upstream (Exploration and production)
Area of finance
Commodity Trade Finance
Region
Middle East
Middle East
Countries
United Arab Emirates

Achievements

Sustainable Deal

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No

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Companies Involved

Deal Overview

Abu Dhabi National Energy Company (TAQA) has secured the refinancing of its $3.5 billion revolving credit facility. Secured via a syndicate comprising 20 banks, the new five-year USD SOFR-based facility, which will be utilized for general corporate purposes, is set to replace TAQA's existing...

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Deal Volume
$ 3.5bn
Financial Close
30/09/2022
Dealmakers
Sources
TXF article
Press release

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Tranches

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