Press releases, Reports & Disclosures for ADNOC Drilling Company PJSC

On October 27, 2023, the Board of Directors of ADNOC Drilling Company PJSC announced their approval of a term loan facility of up to US$ 1.5 billion and a revolving credit facility of up to AED 1.84 billion. The term loan facility will be used to repay an existing syndicated term loan of the same amount, which is due in November 2023. The new revolving credit facility will be used to fund the company's growth and associated working capital.