Aramex debt refinancing has been completed in an AED 815 million transaction, consolidating existing USD and GBP-denominated loans into a single UAE-domiciled facility. The transaction was arranged through a syndication of international and local banks at competitive pricing.
The Aramex debt refinancing consolidates previously dispersed USD and GBP obligations into one UAE-based facility, simplifying the Group’s debt structure. This alignment with the company’s core operational base in the region delivers meaningful financial benefits. Lubna Shebli, Acting Chief Financial Officer of Aramex, said, “This transaction is a strong reflection of the confidence that both international and local banks have in Aramex’s credit profile and strategic direction.”
Sustainability-Linked Structure
The Aramex debt refinancing is structured as a sustainability-linked instrument, directly supporting Aramex’s broader environmental, social, and governance commitments. The facility’s terms tie to the company’s sustainability performance, embedding accountability in the capital structure.
Shebli noted that the refinancing of debt to the UAE strengthens the balance sheet positioning within the country while unlocking meaningful cost efficiencies. She added, “These benefits will serve the Group over the medium and long term.”
Benefits and Strategic Positioning
The transaction demonstrates confidence in Aramex’s credit profile among both international and local financial institutions. By consolidating its financing footprint, the company reduces complexity in its debt management while achieving operational efficiency gains tied to its UAE headquarters.
The facility’s design ties its terms to the company’s sustainability metrics, signaling to stakeholders Aramex’s commitment to responsible business practices. This approach aligns the Aramex debt refinancing with the company’s long-term environmental and social objectives.
Aramex’s Global Operations
Founded in 1982, Aramex operates in more than 600 cities across 70 countries and employs over 16,000 professionals. The company provides four core business services: International Express, Domestic Express, Freight Forwarding, and Logistics & Supply Chain Solutions. Listed on the Dubai Financial Market since 2005, Aramex maintains its headquarters in the UAE.
The company has set environmental targets of carbon neutrality by 2030 and net-zero emissions by 2050. This latest Aramex debt refinancing transaction marks a further step in Aramex’s ongoing efforts to optimize its financial position and pursue sustainable growth across its global network.
