Emirates NBD Capital, the investment banking arm of Emirates NBD, has facilitated Beko B.V.’s EUR 350 million loan inaugural global syndicated term loan facility.
The three-year loan, which was oversubscribed by 200%, will be used to support Beko’s general corporate purposes and business development activities.
“We are proud to have played a pivotal role in Beko’s debut global loan. This successful transaction highlights our commitment to providing tailored financing solutions that enable our clients to achieve their business objectives,” said Hitesh Asarpota, CEO of Emirates NBD Capital.
Emirates NBD Bank was appointed as the facility agent and Emirates NBD Capital acted as sole coordinator, initial mandated lead arranger and bookrunner.
The strong investor interest from financial institutions across Europe, the Middle East, and Asia reflects Beko’s solid credit profile and strategic vision. The company’s ability to upsize the facility from EUR 250 million to EUR 350 million underscores the demand for its financing.
“Securing our first syndicated loan facility is a major milestone for Beko. This transaction reflects our robust financial health and our ability to attract a broad range of investors,” said Barış Alparslan, CFO of Beko.
The successful completion of this transaction further strengthens Emirates NBD Capital’s position as a leading investment bank in the region, demonstrating its expertise in arranging complex cross-border financing deals.