Today, ADQ announced the successful completion of its inaugural five-year syndicated loan amounting to $5 billion within the Greater China region. Due to strong demand from financial institutions in China, the funding coverage reached approximately $12 billion, tripling the original launch size of $4 billion. Consequently, ADQ increased the size of the deal to $5 billion.
Marcus de Quadros, the Chief Financial Officer of ADQ, stated, “We are pleased to have completed our first syndicated loan in the Greater China region, which saw robust participation from leading financial institutions in China. The volume of interest reflects the continued confidence in our strong credit rating, exceptional financial management, and the structured and diverse financing approach that ADQ employs across all its banking transactions.”
The deal involved six global coordinating institutions, and ADQ secured commitments from over 30 leading financial entities in the Greater China region, showcasing significant market participation and widespread investor interest.
The strong demand for this financing demonstrates investors’ confidence in ADQ’s credit portfolio, solid financial standing, and esteemed international reputation. The loan will aid ADQ in diversifying its funding sources, enhancing liquidity, and providing the necessary flexibility to seize promising investment opportunities. This credit facility marks the largest term loan to date sourced from Asian financial institutions for a borrower in the Middle East, highlighting ADQ’s ability to tap into available capital across different countries and the growing collaboration among Asian lending banks with prominent issuers in the UAE.