ADQ Secures $5 Billion Syndicated Term Loan From Asian Lenders In Greater China

ADQ has closed its first syndicated term loan in the Greater China region, securing a five-year US$5 billion facility that drew strong appetite from banks across Asia. The transaction, completed on Wednesday, marks the largest term loan so far for any Middle Eastern borrower raised from Asian lenders.

The financing was initially launched at US$4 billion but attracted demand of about US$16 billion in total, meaning the book was oversubscribed by roughly US$12 billion, or three times the opening size. ADQ then increased the facility to US$5 billion to reflect the broad interest from participating institutions.

ADQ, described as an active sovereign investor focused on critical infrastructure and global supply chains, said the new loan adds further diversity to its funding sources. The facility strengthens its liquidity position and offers added flexibility to pursue commercially viable deals, while also signalling confidence in ADQ’s credit quality among regional lenders.

Group Chief Financial Officer Marcos de Quadros 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," and added, "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 US$5 billion ADQ syndicated term financing was supported by six global coordinators. These are Bank of China (Dubai) Branch, DBS Bank Ltd., The Hong Kong and Shanghai Banking Corporation Limited, Industrial and Commercial Bank of China Limited (Dubai Branch), Standard Chartered Bank (Hong Kong) Limited, and J.P. Morgan Securities plc, highlighting broad international banking involvement.

ADQ received commitments from more than 30 financial institutions across the Greater China region, reflecting sustained engagement from Asian lenders with issuers from the UAE. The transaction deepens ADQ’s access to large capital pools in Asia, while underlining its strategy of maintaining a diversified, disciplined approach to funding and international market presence.

With inputs from WAM