Emirates Global Aluminum $4.9 billion project refinancing

Value:

$ 4.9 billion

Status:

Completed

Date:

24/12/2015

Emirates Global Aluminum has taken out $4.9 billion in syndicated financing.
The conventional and Islamic facilities will be used to refinance existing project finance debt of Emirates Aluminium.
BNP Paribas, Citibank, Dubai Islamic Bank, Emirates NBD, ING, National Bank of Abu Dhabi and Natixis acted as arrangers.

Sam Duke - Editor

United Arab Emirates

Project finance
Refinancing

Project finance
Islamic finance

England and Wales
United Arab Emirates

Industrials and manufacturing
Construction and materials

A&O Shearman

Party: Emirates Global Aluminium (Borrower)

Clifford Chance

Party: BNP Paribas (Arranger)

Party: Citigroup (Arranger)

Party: Dubai Islamic Bank (Arranger)

Party: Emirates NBD (Arranger)

Party: ING (Arranger)

Party: National Bank of Abu Dhabi (Arranger)

Party: Natixis (Arranger)