Beaufond Plc Secures Usd 100 Million Line Of Credit From First Abu Dhabi Bank

DIFC, UAE - May 16, 2026 - PRLog -- Beaufond Plc , a global leader in Active Pharmaceutical Ingredients (API) and specialty chemicals distribution headquartered in the DIFC, today announced the sanction of a USD 100 Million Line of Credit by First Abu Dhabi Bank PJSC (FAB), one of the UAE's largest and most internationally recognised financial institutions.

The facility, comprises two integrated trade finance instruments: a USD 100 Million Letter of Guarantee facility (encompassing customs, performance, and bid bond guarantees) and a sub-limit of USD 100 Million for Import Letters of Credit (sight and usance) with a maximum usance tenor of 270 days. The line of credit has been structured to support Beaufond's working capital requirements and the global procurement of pharmaceutical goods and related products from Beaufond's international network of over 100 certified Contract Manufacturing Organisation (CMO) partners & suppliers.

Management Commentary

Mr. Aman Dutta, Chief Financial Officer, Beaufond Plc

"The sanction of this USD 100 million line of credit by Fab Bank is a significant milestone for Beaufond and a clear validation of our financial standing and institutional credibility. FAB is one of the most respected banking institutions in the MENA region and globally, and their confidence in our credit profile reinforces what our Investment rating reflects — a company with exceptional balance sheet strength, best-in-class receivables quality. This facility further strengthens our trade finance infrastructure as we scale our pharmaceutical distribution platform toward the next phase of growth."

About the Facility

Letters of Guarantee — The USD 100 million guarantee line covers customs duty guarantees, performance guarantees for supply and works contracts, and bid bond guarantees supporting Beaufond's participation in public and private pharmaceutical procurement tenders across the UAE and internationally.

Import Letters of Credit — Structured with a maximum usance tenor of 270 days to facilitate procurement of finished pharmaceutical formulations, medical and healthcare-related products, and pharmaceutical raw materials and intermediates from Beaufond's global supplier network, principally across Europe and Asia.

About Beaufond Plc

Beaufond Plc is a DIFC-registered global pharmaceutical chemicals and specialty chemicals distributor, incorporated in 2009 and operating across 50+ countries through 32 offices in 17 countries. The company distributes APIs and specialty chemicals to global pharmaceutical majors, Beaufond is transitioning is advancing IPO preparatory activities, with a target listing on a major international exchange in FY2027-28.

http://www.beaufond.com

About First Abu Dhabi Bank PJSC

First Abu Dhabi Bank PJSC (FAB) is the UAE's largest bank by assets and one of the largest and safest financial institutions in the world. Headquartered in Abu Dhabi, FAB offers a full suite of commercial, investment, and trade finance services across its extensive domestic and international network.