Zouhir Regragui

Emirates Global Aluminium Opens Sustainable Accounts With Citi And Standard Chartered

Emirates Global Aluminium Opens Sustainable Accounts With Citi And Standard Chartered

Emirates Global Aluminium PJSC (EGA) became among the first companies in the Gulf region to open sustainable corporate bank accounts with Citi and Standard Chartered bank this week. The sustainable corporate bank accounts EGA opened will ensure that the cash balances are...

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 […]