Abu Dhabi returns to bond market with three-part dollar issue – Reuters Africa

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…

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