Abu Dhabi National Energy Company (TAQA)

Abu Dhabi National Energy Company (TAQA) - RCF Refinancing

Industry
Oil & gas/Oil - Upstream (Exploration and production)
Area of finance
Commodity Trade Finance
Region
Middle East
Middle East
Countries
United Arab Emirates

Deal Overview

Abu Dhabi National Energy Company (TAQA) has secured the refinancing of its $3.5 billion revolving credit facility. Secured via a syndicate comprising 20 banks, the new five-year USD SOFR-based facility, which will be utilized for general corporate purposes, is set to replace TAQA's existing...

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Deal Volume
$3.5bn
Financial Close
30/09/2022
Dealmakers

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Tranches

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