EGA Refinances US$5.5 Billion In Corporate Debt

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...


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 […]

Rio Tinto’s Sale Of Aluminium Resources Brought Back To Life: Sources

According to sources professing knowledge of the situation, Rio Tinto Group’s sale of its aluminium assets has recently come back to life. On Wednesday, Reuters reported comments made by a pair of anonymous sources who say that the Anglo-Australian mining titan has again taken up the sale of US$350 million in aluminium resources, including the […]