ADQ secures $5bn debut syndicated loan in Greater China

ADQ, an active sovereign investor focused on critical infrastructure and global supply chains, has announced the successful closing of its debut five-year, $5bn syndicated term financing deal in the Greater China region.

The transaction attracted strong demand from financial institutions in China, with total commitments reaching approximately $12bn, around three times the original launch size of $4bn.

As a result of the oversubscription, ADQ increased the final size of the transaction to $5bn.

The level of interest reflects investor confidence in ADQ’s credit profile and mandate, supported by its solid financial position and growing international recognition.

ADQ announces major China funding

The financing also diversifies ADQ’s funding mix, enhances its liquidity profile, and provides additional flexibility to pursue commercially attractive investment opportunities.

The deal represents the largest term loan to date for a Middle Eastern borrower obtained from Asian financial institutions, highlighting ADQ’s ability to access deep pools of global capital and the increasing engagement of Asian lenders with high-quality issuers from the UAE.

Marcos de Quadros, Group Chief Financial Officer at ADQ, said: “We are pleased to have completed our first syndicated term loan in the Greater China region with strong participation from leading financial institutions in the region.

“The outcome reflects continued confidence in our credit strength, prudent financial management, and disciplined and diversified funding approach that ADQ pursues in all its transactions.”

The transaction was arranged by six global coordinators:

• Bank of China (Dubai Branch)
• DBS Bank
• The Hong Kong and Shanghai Banking Corporation
• Industrial and Commercial Bank of China (Dubai Branch)
• Standard Chartered Bank (Hong Kong)
• JP Morgan Securities

ADQ secured commitments from more than 30 leading financial institutions across the Greater China region, demonstrating strong market engagement and broad investor interest in the transaction.