The Sovereign Wealth Fund of Abu Dhabi, ADQ, is close to obtaining a syndicated $ 4 billion loan, mainly from lenders in Greater China, in the latest Middle East transaction that uses the liquidity of the Asian bank. The loan mainly attracted banks in China, Macau and Taiwan, according to people who are familiar with the matter. A representative for ADQ refused to comment. ADQ’s financing underlines a broader tendency of wave economies that syndicate loans in Asia, as they seek to diversify financing sources amid ambitious expansion plans. The borrowers also benefit from the strong demand of Asian banks to lend to highly acclaimed entities such as ADQ, which have AA ratings, given subdued loan activity in their home markets. Middle Eastern lenders lenders have so far raised $ 5.2 billion to syndicated loans in the Asia-Pacific in 2025-a seven-year increase and a 53% increase from the same period last year, according to Bloomberg composite data. Qatar Gas Transport Co. is currently marketing a $ 1 billion syndicated loan for which Mizuho Bank Ltd. The only mandate -LOOD -Arranger and Book Runner is, reports Bloomberg News. The ADQ -indicated facility agreement will be signed soon, people said, who asked not to be identified on private matters. The loan was initially marketed to banks with ten and five years, but was focused on only the longer maturity, based on preferences of participating lenders, people said. The five-year facility pays an 85-basis points on the benchmark that secured the financing rate overnight, they added. Bank of China Ltd., DBS Group Holdings Ltd., Industrial & Commercial Bank of China Ltd., JPMorgan Chase & Co., HSBC Holdings PLC and Standard Chartered PLC are the bookkeepers of the loan, people said. With the help of Sheryl Tian Tong Lee. © 2025 Bloomberg MP This article was generated from an automatic news agency feed without edits to text.
Adq of Abu Dhabi is a $ 4 billion loan, and Taps Greater China Banks
