Abu Dhabi – Mubasher: Abu Dhabi National Oil Company (ADNOC) on Thursday said that it is discussing some financing opportunities, one of which is financing through loans to support its development and expansion activities.
Discussions were held with some banks to see the possibility of borrowing a loan worth about AED 18.5 billion ($5 billion), Emirates News Agency (WAM) said, citing ADNOC as saying.
ADNOC was planning to list several minority stakes of some of its subsidiaries in the UAE stock markets, ADNOC’s CEO Sultan Ahmed Al Jaber said.
