#Navig8

ADNOC L&S issues $2bn hybrid capital facility to fund growth

ADNOC L&S issues $2bn hybrid capital facility to fund growth

The initial drawing against the facility will be $1.1bn, leaving $0.9bn capacity available to be drawn until December 31, 2026

ADNOC L&S to buy $1.49bn stake in maritime firm Navig8

Abu Dhabi’s ADNOC L&S agrees to acquire maritime firm Navig8

The acquisitions will give the Abu Dhabi maritime logistics firm access to Navig8’s fleet of 32 tankers and global footprint across five continents