ADES Holding upsizes syndicated loan by $3bn

In:

Oil & gas

Region:

Middle East & Africa

Saudi Arabia-based offshore drilling service provider ADES Holding Company has amended its existing syndicated facility to upsize it with an additional $3 billion to support its expansion plans. The facilities include a $2.7 billion standby term tranche with an 8.5-year maturity and a $300...

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