Aldar raises AED 9bln in landmark sustainability-linked syndicated revolving credit facility
Summary
The facility represents the largest sustainability-linked, syndicated deal by a real estate company in the Middle East. Showcasing Aldars ability to scale and execute complex and diverse capital solutions, the facility is six times larger than any other single bank financing the company has done in its recent history. It reflects the trust and confidence that global and regional banks place in our business model and trajectory of accelerated growth. This facility, together with our recent hybrid issuance, ensures we remain well-positioned to drive our strategic initiatives, capitalise on emerging opportunities, and create sustainable value for all our stakeholders. This facility is also linked to sustainability-linked KPIs, showcasing Aldars firm commitment to measurable ESG targets and responsible business practices.