Emirates NBD

EGA Collaborates with Emirates NBD on ESG-Linked Supply Chain Finance Initiative to Propel Aluminium Sector Sustainability

EGA Collaborates with Emirates NBD on ESG-Linked Supply Chain Finance Initiative to Propel Aluminium Sector Sustainability

Emirates Global Aluminium (EGA), the paramount industrial firm in the United Arab Emirates (UAE) beyond oil and gas, and Emirates NBD, a distinguished banking group in the Middle East, North Africa and Türkiye (MENAT) region, have recently unveiled an ESG-linked Supply Chain...

Events

EGA Refinances US$5.5 Billion In Corporate Debt

Emirates Global Aluminium PJSC (EGA) completed a refinance of US$5.5 billion of its debt, reducing its debt load by US$1 billion. EGA’s refinance of the 2019 note is a senior unsecured note and extends the repayment date by two and a half years. The new note also features terms that materially reduces the cost of […]

EGA Inks US$6.5 Billion Debt Refinancing Loan

Emirates Global Aluminium PJSC (EGA) announced yesterday the successful completion of a US$6.5-billion term loan facility backed by a contingent of several regional and global financial institutions. EGA’s new note is a senior unsecured facility with a tenor of seven years and a flexible repayment profile, allowing the firm to be more agile in its […]

EGA Mulling Debt Refinance

UAE aluminium smelter Emirates Global Aluminium PJSC (EGA) is planning to refinance up to US$6.7 billion of its outstanding debt according to sources who spoke to industry media earlier this week. According to sources, the new deal will include refinancing some portion of the US$4.9-billion loan entered into by EGA in the spring of 2016 […]