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Abu Dhabi’s TAQA completes $1.5bn dual-tranche bond sale

Integrated utilities company, the Abu Dhabi National Energy Company (TAQA), announced on Sunday the successful placement of an aggregate $1.5bn in 7-year and 30-year dual-tranche senior unsecured notes. The 7-year notes, sized at $750m and maturing April 2028, were issued at a coupon rate of 2 per cent. The 30-year…

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