(MENAFN) Abu Dhabi oil giant Adnoc stated it has started debates in order to acquire a syndicated loan for near USD5 billion.
According to 2 banking sources, the Dubai based firm has chatted with local and global banks, saying that it is focused to obtain loan which could reach billion of dollars.
On the other hand, the loan unit is now one of a number of fund-raising options being measured by Adnoc, formally known as the Abu Dhabi National Oil Co.
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