Adnoc signs $6bn debut syndicated loan

Abu Dhabi_ Adobe Stock_ 230x150
By Bianca Boorer
20 Nov 2017

Abu Dhabi National Oil Co has signed its $6bn debut syndicated loan facility with 13 banks. The deal was well received by banks, driving down pricing to new lows.

JP MorganMUFG, First Abu Dhabi Bank, HSBC and Sumitomo Mitsui Banking Corp were chosen to arrange the facility in August.

Société GénéraleUniCreditMizuhoBNP ParibasGoldman SachsStandard Chartered, Bank of America Merrill Lynch and Citijoined the trade as mandated lead ...

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