Abu Dhabi returns to bond market with three-part dollar issue – Reuters Africa
DUBAI, Aug. 25 (Reuters) – Abu Dhabi on Tuesday began marketing an offering of US dollar-denominated bonds split into three tranches of three, ten and a half and 50 years, according to a document.
Each bond tranche is benchmark size, which typically means at least $ 500 million each, according to the document released by one of the banks leading the deal and seen by Reuters.
The paper…