Abu Dhabi's USD10b bond sale boost up investors
Date
10/12/2017 2:19:32 AM
(MENAFN) The sale of USD10 billion multi-tranche international bond offering demonstrated strong investor confidence in its solid credit fundamentals, according to Abu Dhabi's government.
The Department of Finance said the transaction included three tranches which are, USD3 billion of five-year notes, USD4billion of the 10-year tranche and USD3billion of the 30-year offering.
"The strong reception of the offering in the international debt capital markets is a clear testament to Abu Dhabi's solid and strong credit story", Chairman of the Department of Finance Abu Dhabi Riyad Abdulrahman Al Mubarak said.
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