Zouhir Regragui

Emirates Global Aluminium Agrees To US$137.5 MM Credit Facility Tied To Term SOFR

Emirates Global Aluminium Agrees To US$137.5 MM Credit Facility Tied To Term SOFR

Emirates Global Aluminium PJSC (EGA) announced this week that it has entered into a new US$137.5 million revolving credit facility that is tied to the new Term Secured Overnight Funding Rate (SOFR). Per the firm, SOFR is an emerging replacement for the...

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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 […]