waha capital wins corporate deal of the year
Last Updated : GMT 01:23:17
Arab Today, arab today
Arab Today, arab today

For $1.1bn hedging and financing agreement

Waha Capital wins 'Corporate Deal of the Year'

Arab Today, arab today

Arab Today, arab today Waha Capital wins 'Corporate Deal of the Year'

Waha Capital
Abu Dhabi - Arab Today

Waha Capital, an Abu Dhabi-based investment company, has won the "Corporate Deal of the Year" award from Banker Middle East magazine for a deal that raised $1.1 billion (approximately Dh 4 billion) for the company and also reduced balance sheet risk.
Waha Capital carried out a hedging and financing transaction in two phases in late 2014 on its stake in the world's largest aircraft leasing firm, AerCap Holdings NV, with its principal investments team leading on the deal in collaboration with other divisions within the company.
In the process, Waha Capital effectively locked in the value of its AerCap stake by limiting downside equity market risk, and raised $1.1 billion (approximately Dh 4 billion) in financing to be deployed in further investments and repayment of debt. The company also preserved significant upside potential in its AerCap stake over the three-year tenure of the transaction.
"In 2014, Waha Capital experienced its most successful year since the company's establishment nearly two decades ago, not only from the point of view of profitability, but also because we established a solid foundation for further growth," said Waha Capital Chief Executive Officer and Managing Director Salem Al Noaimi.
"The hedging and financing transaction was a key element in that it helped us raise substantial funds to invest in areas with high growth potential within the region, while maintaining our prudent financial management. We are thrilled to receive this prestigious award from Banker Middle East who has recognised the uniqueness of this deal which was duly executed by our teams." Waha Capital reported a 2014 net profit of Dh 1,733 million, representing a 466% increase on the previous year, and a 51% return on equity. The company also reduced its leverage ratio to 28.2% as of 31 December 2014 from 37.9% a year earlier.
Waha Capital manages a portfolio of direct investments that are diversified across a number of sectors, including aircraft leasing, financial services, healthcare, energy, infrastructure and industrial real estate. The company looks to take majority stakes, when possible, in businesses operating in high potential sectors, occasionally in collaboration with co-investment partners.
Source: WAM

 

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

waha capital wins corporate deal of the year waha capital wins corporate deal of the year

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

waha capital wins corporate deal of the year waha capital wins corporate deal of the year

 



Arab Today, arab today
Arab Today, arab today Jordanian woman reveals her project

GMT 00:46 2017 Saturday ,11 November

Jordanian woman reveals her project
Arab Today, arab today PNG police start removing refugees

GMT 03:00 2017 Friday ,24 November

PNG police start removing refugees
Arab Today, arab today Sophian Yussef reveals suitable decoration

GMT 02:56 2017 Thursday ,23 November

Sophian Yussef reveals suitable decoration
Arab Today, arab today Syria congress to go ahead

GMT 02:24 2017 Friday ,24 November

Syria congress to go ahead
Arab Today, arab today IS media offline for a day

GMT 02:10 2017 Friday ,24 November

IS media offline for a day
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Human form of 'mad cow' disease

GMT 00:11 2017 Friday ,24 November

Human form of 'mad cow' disease
Arab Today, arab today British woman jailed in Iran to appear

GMT 03:19 2017 Friday ,24 November

British woman jailed in Iran to appear
Arab Today, arab today 'Trash islands' off Central America indicate

GMT 20:19 2017 Friday ,24 November

'Trash islands' off Central America indicate
Arab Today, arab today The history of solar eclipses

GMT 05:16 2017 Sunday ,20 August

The history of solar eclipses
Arab Today, arab today Mitsubishi Materials units falsified product

GMT 03:24 2017 Friday ,24 November

Mitsubishi Materials units falsified product
Arab Today, arab today 'Robo-taxis' hold promise, and perils

GMT 08:07 2017 Thursday ,23 November

'Robo-taxis' hold promise, and perils
Arab Today, arab today Solaf happy for participating in “Hotline”

GMT 07:56 2017 Wednesday ,22 November

Solaf happy for participating in “Hotline”
Arab Today, arab today Delhi half-marathon to go ahead

GMT 03:51 2017 Saturday ,18 November

Delhi half-marathon to go ahead

GMT 08:03 2017 Tuesday ,21 November

Abeer Sabry reveals reason of “The Flood” success

GMT 08:03 2017 Thursday ,23 November

Srebrenica women cry tears of joy

GMT 18:41 2017 Friday ,20 October

Designer Aql Faqih aspires to innovation

GMT 16:04 2017 Friday ,17 November

paObama climate envoy slams Trump's rejection

GMT 17:52 2017 Sunday ,03 September

Etiquette expert underlines importance of gifts

GMT 09:12 2017 Thursday ,23 November

4 in 10 cancers due to modifiable risk

GMT 10:47 2017 Wednesday ,22 November

The Big Apple bike boom

GMT 17:12 2017 Monday ,07 August

Al-Shawaifi reveals secrets of total solar eclipse

GMT 16:53 2017 Tuesday ,05 September

Youssra depended on colored foam
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday