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Abu Dhabi Issues $10 Billion Multi-tranche Bonds

Abu Dhabi announced Sunday that it has successfully priced a US$10 billion multi-tranche international bond offering, Emirates News Agency (WAM) reported. The September transaction comprised three tranches: (i) US$3 billion, 2.125 percent, due in 2024, which priced at 65 bps over US Treasuries; (ii) US$3 billion, 2.500 percent, due in…

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Click here to read the full story: Asharq Al-Awsat

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