Abu Dhabi's ADQ in talks for bank debt - sources - Reuters:
Abu Dhabi’s ADQ, a state-owned holding company, is in talks with banks for bank debt financing, two sources said.
One of them said that ADQ, formerly known as Abu Dhabi Developmental Holding Company, was looking to raise a loan of around $3 billion dollars.
ADQ did not respond to a request for comment on the discussions, reported earlier on Tuesday by Bloomberg.
Established in 2018, ADQ manages a portfolio of more than 90 companies in various non-oil sectors of Abu Dhabi’s economy, according to its website.
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