News
20 February 2025

BGN increases ADEX-backed facility to $232.5m

In:
Oil & gas
Region:
Middle East & Africa

Commodity trader BGN has more than doubled its financing deal with Abu Dhabi Exports Office (ADEX) and a group of UAE lenders led by First Abu Dhabi Bank.The oversubscribed facility, originally set at $100 million, has now been expanded to $232.5 million.The syndicate of banks also includes Abu...

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