Emirates NBD Closes USD 2.25 Billion Financing, Among Largest Syndicated Deals In GCC
Emirates NBD has successfully closed USD 2.25 billion in long-term financing, marking one of the largest syndicated borrowings in the GCC region and reinforcing its position in global loan markets.
The transaction attracted participation from 15 financial institutions across the Americas, Europe, and Asia, highlighting strong international confidence in the bank’s credit profile and the UAE’s financial sector.
Dual-Structure Financing Strengthens Liquidity
The financing package comprises:
- A USD 1.75 billion five-year sustainability-linked syndicated term loan (SLL)
- A USD 500 million five-year Club Commodity Murabaha facility
Initially launched at USD 1 billion, the SLL was oversubscribed by more than two times, allowing the facility to be upsized to USD 1.75 billion. The deal also achieved the tightest pricing in the bank’s history for a syndicated loan, alongside an extended tenor.
The Murabaha facility, arranged through Emirates Islamic, further enhances the Group’s Shariah-compliant financing capabilities.
Strong Investor Confidence Amid Global Challenges
The strong demand reflects continued investor confidence in Emirates NBD’s robust balance sheet, disciplined financial management, and ability to secure diversified funding sources despite a challenging global environment.
Shayne Nelson stated that the successful transaction underscores the bank’s standing as a preferred counterparty in international loan markets, with oversubscription and competitive pricing signaling confidence in both the institution and the broader UAE economy.
Supporting Long-Term Growth And Strategy
Ahmed Al Qassim highlighted that the syndication strengthens the Group’s long-term USD funding profile and supports its strategic growth priorities, while delivering sustainable value.
The transaction enhances liquidity, supports balance sheet optimization, and provides long-term funding to drive future expansion.
Building On Strong Capital Markets Track Record
This milestone follows a series of successful capital market activities by the Group, including:
- A USD 750 million seven-year Asian financing completed in February 2026
- Emirates Islamic’s issuance of the world’s first sustainability-linked financing sukuk in 2025
Together, these transactions demonstrate Emirates NBD’s leadership in combining conventional and Islamic finance with sustainability-linked instruments.
Global Coordination And Execution
Leading international banks including Bank of America, BNP Paribas, DBS Bank, and Emirates NBD Capital Limited acted as Coordinators, Book-Runners, and Sustainability Coordinators for the transaction. With this landmark financing, Emirates NBD continues to strengthen its global funding network, reinforce investor confidence, and support the UAE’s position as a leading financial hub in the region.
