Emirates NBD has successfully closed US$2.25 billion in long-term financing, comprising a US$1.75 billion five-year sustainability-linked syndicated term loan (SLL) and a US$500 million five-year Club Commodity Murabaha term facility. Together, these facilities rank among the largest syndicated borrowings in the GCC.
Originally launched at US$1 billion, the SLL was oversubscribed more than twofold, allowing the increase to US$1.75 billion. The strong demand highlights global investor confidence in Emirates NBD’s credit strength, supported by its robust balance sheet and disciplined financial management.
Despite challenging regional and global conditions, the SLL achieved the bank’s tightest-ever pricing for a syndicated loan, along with an extended tenor. The facility enhances liquidity, diversifies funding sources, and provides long-term USD resources to support strategic growth and increase shareholder value.
The US$500 million five-year Club Commodity Murabaha term facility, arranged through Emirates Islamic—the UAE’s leading Islamic financial institution and Emirates NBD’s Islamic banking arm—also achieved highly competitive pricing among regional Islamic peers. The transaction was completed on an accelerated schedule, reflecting strong execution and close coordination among stakeholders.
This financing builds on the Group’s strong capital markets track record, following Emirates NBD’s US$750 million seven-year Asian financing in February 2026 and Emirates Islamic’s issuance of the world’s first sustainability-linked sukuk in 2025. These milestones demonstrate the Group’s expertise in capital markets and syndication, while reinforcing its leadership in integrating Shariah-compliant finance with sustainable practices.
Shayne Nelson, Group CEO of Emirates NBD, commented, “The successful closing of this financing reinforces Emirates NBD’s strong credit profile and our position as a preferred counterparty in global loan markets. Strong oversubscription from international lenders, coupled with tight pricing, reflects continued confidence in the UAE financial sector and our ability to secure diversified funding at competitive terms. This transaction further strengthens our liquidity position and supports the execution of our long-term growth strategy.”
Ahmed Al Qassim, Group Head of Wholesale Banking, added, “This syndication demonstrates Emirates NBD’s strong capital strategy and prudent financial management. It enhances our long-term USD funding profile, supports strategic growth priorities, and delivers sustainable value.”
The combined transaction saw participation from 15 financial institutions across the Americas, Europe, and Asia, reinforcing Emirates NBD’s established presence in international loan markets and reflecting continued confidence in the UAE’s economic resilience and regulatory framework.
Bank of America, BNP Paribas, DBS Bank Limited, and Emirates NBD Capital Limited acted as Coordinators, Book-Runners, and Sustainability Coordinators for the Emirates NBD transaction, while Emirates NBD Capital Limited served as the sole coordinator for the Emirates Islamic transaction.
