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Taqa plans to set up 2GW green ammonia project in Abu Dhabi

Taqa plans to set up 2GW green ammonia project in Abu Dhabi
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Abu Dhabi Ports issues $1bn 10-year bond

Abu Dhabi Ports issues $1bn 10-year bond 0 Comments Get daily business news from the region delivered straight to your inbox I agree to the terms and conditions SIGN UP The issuance was more than 4.5 times oversubscribed by Gulf Business May 2, 2021 Abu Dhabi Ports has issued $1bn 10-year bonds under its recently established Euro Medium Term Note Programme, which will be jointly listed on the London Stock Exchange (LSE) and Abu Dhabi Securities Exchange (ADX). The issuance was more than 4.5 times oversubscribed at its peak, noted a press statement issued by the Abu Dhabi Media Office. The settlement of the offering is expected to occur on May 6, 2021, and is subject to customary settlement conditions. The Notes mature on May 6, 2031, and carry a coupon of 2.500 per cent per annum.

Abu Dhabi Ports $1-billion bond successful

Abu Dhabi Ports $1-billion bond successful ABU DHABI, 9 hours, 23 minutes ago Abu Dhabi Ports has successfully issued $1 billion 10 year bonds (The Notes) under its recently established Euro Medium Term Note Programme (EMTN Programme), to be jointly listed on the London Stock Exchange (LSE) and Abu Dhabi Securities Exchange (ADX).     The issuance was more than 4.5 times over-subscribed at its peak. The Notes mature on May 6, 2031 and carry a coupon of 2.5% per annum. Proceeds will be used for general corporate purposes and debt refinancing. The settlement of the offering is expected to occur on 6 May 2021 and is subject to customary settlement conditions. 

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