Dubai-headquartered logistics firm Aramex has consolidated its existing US dollar and pound sterling borrowings into a single dirham-denominated facility worth AED 815 million ($222 million), in a move aimed at strengthening its financial structure and enabling sustainable expansion.
The newly secured facility is designed as a sustainability-linked instrument, with its pricing mechanism directly connected to Aramex’s performance on key sustainability metrics.
The refinancing was executed via a consortium of both international and regional banks, although specific pricing terms were not disclosed by the company.
By transitioning from multiple foreign-currency loans to a unified UAE-based facility, Aramex has streamlined its debt profile and better aligned its funding with its primary regional operations. The company, listed on the Dubai Financial Market (DFM), noted that the restructuring is expected to deliver cost efficiencies over the medium to long term.
