Aabar gives MidEast succour, launches $2bn deal

30 Jun 2010

Aabar, the Abu Dhabi investment group, gave the Middle East’s loan market some much-wanted supply on Thursday when it launched a $2bn facility paying an all-in margin of just under 200bp.

Deutsche Bank, Morgan Stanley, National Bank of Abu Dhabi and Royal Bank of Scotland are bookrunners on the three year facility, split between a $1.4bn bullet term loan and a $600m revolver. Credit Suisse and Abu Dhabi’s Union National Bank joined before the launch.

The margin in 150bp. In ...

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.