Abu Dhabi Investment Authority Seeks $2.6 Billion Loan
Tawreed Investments’ minority stakes in Australia-based infrastructure assets include the Port of Brisbane.
Photographer: Carla Gottgens/BloombergSovereign wealth fund Abu Dhabi Investment Authority is seeking an A$3.75 billion ($2.6 billion) loan backed by four Australian assets held by the firm’s wholly-owned subsidiary, according to people familiar with the matter.
The facility — raised at the holding company level — is split into an A$2.2 billion five-year tranche and an A$1.3 billion and seven-year piece, the people said, who asked not to be identified discussing private matters. The borrowing also includes an A$25 million five-year working capital loan, they added.