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DAE tightens pricing as demand drives USD 600 mn bond upsizing
The seven-year notes are priced at 120 bps over US Treasuries
FAB, Afreximbank unlock “last mile” for Lekki Port with USD 1.1 bn road facility
The project reportedly secured a credit ins. wrapper, allowing FAB to bypass standard Nigerian sovereign risk ratings
TODAY: FAB and Afreximbank back Nigeria’s logistics
What we’re tracking this morning regionally and around the world
Adnoc bags USD 11 bn for gas + USD 2 bn for green projects
The state-owned firm secured a combined USD 13 bn in fresh funds for its projects
Saudi preps wider airport privatization rollout
PLUS: ONCF secures EUR 200 mn for Casablanca’s logistics spine
EUR 270 mn for Moroccan airports
PLUS: Turkish Airlines secures a 25-jet lease
UAE’s Eclipse Investments clinches USD 50 mn for import + export boost
More debt, investment, and project updates from Kuwait, Egypt, and Iraq
GulfNav closes AED 613 mn sukuk to refinance Brooge’s debt
Part of the proceeds will go toward expanding storage capacity at the Port of Fujairah
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