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The Abu Dhabi Securities Exchange

The Abu Dhabi Securities Exchange latest

UAE: ADX Lists Abu Dhabi's $5 Billion Multi-Tranche Bonds
September 14th, 2020 - 11:00 GMT

UAE: ADX Lists Abu Dhabi's $5 Billion Multi-Tranche Bonds

The Abu Dhabi Securities Exchange Sunday started listing of the Emirate of Abu Dhabi Global Medium Term Note Programme total amount of $5 billion in three tranches. The listing is part of Abu Dhabi’s strategy aimed to optimise the capital structure of the emirate, tapping into diverse funding sources while maintaining the current high credit ratings, reported Emirates news agency Wam. Underpinned by strong investor appetite, the bonds are priced ...
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