Money and business

$5 billion financing for Emirates Global Aluminium.

Emirates Global Aluminium, the world’s largest producer of high-quality aluminum, announced the completion of a multi-tranche debt financing agreement worth five billion US dollars. The company confirmed that this deal supports its strategic initiatives by enhancing liquidity, providing more financial flexibility to implement long-term plans, in addition to strengthening the balance sheet and improving the debt maturity structure.

The CEO of Emirates Global Aluminum, Abdul Nasser bin Kalban, said: “Our obtaining this financing reflects the confidence of international banking institutions in the company’s creditworthiness, its operational excellence, and its long-term sustainable growth strategy.”

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