Abu Dhabi – Mubasher: The Abu Dhabi National Energy Company (TAQA) revealed that it has secured $1.25 billion loan with a maturity of one year from a group of banks.
The loan is projected to finance $750 million bonds due in January 2018 and other expenses, according to a bourse statement.
Earlier December, the company stated that it planned to reduce its debt ratio in 2018.
