Abu Dhabi Dev. Hol. Company PJSC Amendment, Extension, Upsize to Credit Facilities

RNS Number : 8309W

Abu Dhabi Dev. Hol. Company PJSC

17 July 2024

 

Amendment, Extension, and Upsize to Credit Facilities

 

Abu Dhabi Developmental Holding Company PJSC ("ADQ") is pleased to announce that it has successfully completed an amendment and extension ("A&E" or "the transaction") of its US$4.5bn syndicated debt facilities with its lending group.

Its existing US$2.0bn Term Loan Facility (the "Term Loan") maturing in December-2024 has been extended by 36 months to December-2027 and its US$2.5bn Revolving Credit Facility (the "RCF") maturing in December-2026 has been extended by 6-months to June-2027. The RCF amount was also upsized by US$1.5bn from US$2.5bn to US$4.0bn.

Both the Term Loan and the RCF will remain largely on the same terms as the previous facilities.

 

For further information, please contact:

Abu Dhabi Developmental Holding Company PJSC

P.O. Box 164, Abu Dhabi, United Arab Emirates

 

Telephone:

[phone]

 

Email:

[e-mail] (for investor queries)

[e-mail] (for media queries)

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