Bond issuance was more than 2.5 times oversubscribed and attracted more than $2 billion in orders from over 65 investors worldwide
ahmed ali attiga
Posted inProducts & Services
APICORP launches $500 million coronavirus recovery support package for member countries
The $500 million package will be deployed to support sustainable impact-driven projects by extending funding for projects and working capital within the areas of utilities, renewables, petrochemicals, amongst other energy sub-sectors
Posted inProducts & Services
APICORP agrees to $250mn loan facilities with Sonatrach’s investment arm
Loans to support Sonatrach’s efforts to diversify energy assets, ensure steady crude oil supplies and increase geographic footprint
Posted inProducts & Services
Moody’s upgrades APICORP’s credit rating to Aa2 with stable outlook
Its short-term issuer rating was also affirmed at Prime-1
Posted inProducts & Services
APICORP appoints new chief financial officer
Dr. Sherif Ayoub will take on the role of CFO, joining from the Islamic Development Bank
Posted inNews
APICORP issues a $750 million 5-year bond
The transaction is part of the corporation’s diversification strategy