Abu Dhabi's Aabar Signs $4.1 Billion Loan to Refinance Debt
This article is for subscribers only.
Aabar Investments PJSC, the Abu Dhabi government-backed investor, signed a 3.6 billion-euro ($4.1 billion) loan to refinance debt.
The five-year senior unsecured, non-guaranteed facility was arranged on “tighter terms” compared with previous ones, the company said in an e-mailed statement, without providing further details. The facility will pay 180 basis points, including margin and fees, two people with knowledge of the deal, who asked not to be identified because information hasn’t been made public, told Bloomberg News earlier this month.