Abu Dhabi’s Aabar pays up for Eu200m deal

22 Feb 2011

Abu Dhabi investment group Aabar will pay a 175bp margin on a Eu200m three year acquisition loan that is in syndication, offering more than it did for a $2.2bn deal signed in August because of the specialised use of proceeds, bankers said.

Aabar wants the loan to fund the purchase of subordinated debt as part of a consortium, though further details of the purchase could not be confirmed. The facility has a margin of 175bp, an increase of 25bp over the margin Aabar paid on last year’s three year loan.

“It ...

Please take a trial or subscribe to access this content.

Contact our subscriptions team to discuss your access: subs@globalcapital.com

Or sign up for a trial to gain full access to the entire site for a limited period.

Free Trial

Corporate access

To discuss GlobalCapital access for your entire department or company please contact our subscriptions sales team at: subs@globalcapital.com or find out more online here.

Oops, something went wrong

We're sorry but at the moment we can't load this data