Tristar, a subsidiary of Agility Global, which is listed in Abu Dhabi, has successfully secured a new credit facility worth $255 million. This funding, obtained from several regional and international banks, is intended for refinancing and general corporate purposes. The facility has a term of 18 months and includes an option for extension. Agility Global...
Agility Global, a company listed in Abu Dhabi and a subsidiary of Agility Public Warehousing Company, has secured a $500 million credit facility. This financial agreement is aimed at supporting the company’s ongoing operations and facilitating future growth. The credit facility has a maturity period of three years from the signing date, which is set...
Energy trader and gas carrier owner BGN has successfully doubled its revolving credit facility to $232.5 million, receiving support from the Abu Dhabi Exports Office (ADEX) and First Abu Dhabi Bank (FAB). This significant increase in funding reflects the strong confidence from lenders in BGN’s operations and growth potential. The original facility was set at...