Sustainability Loan Fuels Abu Dhabi Development

Aldar has secured a Dh5 billion sustainability-linked revolving credit facility, marking its second such financing. The facility, which includes both conventional and Islamic financing options in dirhams and US dollars, has an average senior debt maturity of five years and an average maturity of undrawn committed facilities of three-and-a-half years. This type of loan ties borrowing costs to the company's performance against environmental, social, and governance (ESG) targets.

The lending group comprises a diverse range of banks, including major UAE institutions like First Abu Dhabi Bank and Emirates NBD, as well as regional and international lenders such as ICBC and SMBC. The syndication and book-building process, which began in February, progressed as planned, demonstrating strong support for Aldar and the UAE economy. This facility follows Aldar's previous Dh9 billion sustainability-linked financing in January 2025.

This latest financing further strengthens Aldar's financial position, allowing it to continue executing its strategic priorities across its development and investment businesses. Aldar's Group Chief Financial and Sustainability Officer, Faisal Falaknaz, highlighted the strength of Aldar's diversified business and its relationships with financial institutions. The company has also completed a Dh3.67 billion public hybrid notes issuance and a Dh3.67 billion private placement with Apollo earlier in 2026, further diversifying its capital base.