Adnoc settles exchangeable bonds for $1.195bn in cash

Abu Dhabi National Oil Company (Adnoc) plans to settle its US Dollar-denominated senior unsecured bonds in Adnoc Distribution, bearing a 0.70 per cent coupon, via a cash payment on June 4, 2024, with a payment of up to $1.195 billion and $4.18 million in

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