Emirates NBD, a leading banking group in the Middle East, North Africa, and Turkey, has successfully completed a long-term financing deal valued at $2.25 billion.
This transaction features a sustainability-linked syndicated term loan of $1.75 billion for a duration of five years, alongside a $500 million murabaha facility for commodity financing, also with a five-year term. Together, these financings represent one of the largest syndicated loan arrangements in the Gulf Cooperation Council region.
Initially, the sustainability-linked syndicated term loan was launched at $1 billion, but strong investor demand, surpassing twice the initial target, led to its increase to $1.75 billion. This robust demand reflects global investors’ confidence in Emirates NBD’s creditworthiness, supported by its solid balance sheet and prudent financial management.
Despite regional and global challenges, the sustainability-linked loan was completed at highly competitive rates, marking the most favorable terms in the bank’s history for a syndicated loan, along with an extended maturity period. These facilities enhance liquidity, diversify funding sources, and provide long-term USD resources to support strategic growth and increase shareholder value.
Emirates Islamic, a leading Islamic financial institution in the UAE and the Islamic banking arm of Emirates NBD, arranged the $500 million murabaha facility for commodity financing for the same five-year term. This facility was also executed at highly competitive rates among peer banks in the Islamic finance sector regionally, and it was completed within a record timeframe, showcasing high efficiency in execution and coordination among various stakeholders.
This deal builds upon the group’s strong track record in capital markets, following Emirates NBD’s successful completion of a $750 million Asian financing for seven years in February 2026 and Emirates Islamic’s issuance of the world’s first sustainability-linked sukuk in 2025. Collectively, these achievements underscore the group’s depth in capital markets and syndicated financing while reinforcing its leadership in integrating Sharia-compliant financing with sustainability practices.
On this occasion, Shane Nelson, CEO of Emirates NBD, stated, “The successful completion of this financing deal strengthens Emirates NBD’s solid credit standing and our position as a preferred party in global loan markets. The strong interest from international lenders, along with competitive rates, reflects ongoing market confidence in the UAE’s financial sector and our ability to diversify funding sources on competitive terms. This transaction enhances our liquidity position and supports our long-term developmental ambitions.”
Ahmad Al Qassim, Head of Business Banking for the group at Emirates NBD, added, “These syndicated financings reflect Emirates NBD’s robust capital strategy and well-considered financial management, and they will contribute to strengthening our USD funding position in the long term while supporting our strategic growth priorities with sustainable value creation.”
The syndicate involved 15 institutions from the Americas, Europe, and Asia, reinforcing Emirates NBD’s strong presence in international loan markets and reflecting ongoing confidence in the resilience of the UAE’s economy and its regulatory framework.
Bank of America, BNP Paribas, DBS Bank, and Emirates NBD Capital acted as coordinators and bookrunners while also serving as sustainability coordinators for the Emirates NBD transaction. Emirates NBD Capital exclusively coordinated the Emirates Islamic deal.