du successfully refinanced its revolving credit facility for a total commitment of AED 2 billion with a syndicate of local and international banks.
The new facility has a tenor of 7 years and is intended for general corporate purposes, liquidity back-stops, and strategic investment opportunities.
The facility remained undrawn as of April 9, 2026, and features improved terms compared to the company's previous arrangement.
The agreement was led by Emirates NBD Capital, with participation from banks including Abu Dhabi Commercial Bank, First Abu Dhabi Bank, HSBC, Intesa Sanpaolo, Mashreqbank, and Standard Chartered.