Abu Dhabi Ports successfully issues $1 billion 10-year bond
ABU DHABI, 29th April, 2021 (WAM) Abu Dhabi Ports, rated A+ (stable) by S&P and A+ (stable) by Fitch, has successfully issued US$1 billion 10 year bonds ( The Notes ) under its recently established Euro Medium Term Note Programme ( EMTN Programme ), to be jointly listed on the London Stock Exchange (LSE) and Abu Dhabi Securities Exchange (ADX).
The issuance was more than 4.5 times over-subscribed at its peak. The Notes mature on 6 May 2031 and carry a coupon of 2.500% per annum. Proceeds will be used for general corporate purposes and debt refinancing. The settlement of the offering is expected to occur on 6 May 2021 and is subject to customary settlement conditions.
Vestas celebrates key Saudi project construction milestone
RIYADH, 9 hours, 56 minutes ago The Ministry of Energy of Saudi Arabia commemorated the mid-way mark of the construction of the Dumat Al Jandal wind farm, the kingdom’s first utility-scale wind farm of more than 400MW capacity and the largest in the Middle East. Vestas, the energy industry’s global partner on sustainable energy solutions, is playing a vital role in the project, having installed half of the 99 V150-4.2MW wind turbines for the project. Located in the Al Jouf province, 900km north of Riyadh, the Dumat Al Jandal wind farm project was awarded to the consortium by the Renewable Energy Project Development Office (Repdo) of the Saudi Ministry of Energy, Industry and Mineral Resources (MEIM) in 2019.
Abu Dhabi Ports Successfully Issues USD 1 Billion Bond
Abu Dhabi Ports, rated A+ (stable) by S&P and A+ (stable) by Fitch, has successfully issued US$ 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 6 May 2031 and carry a coupon of 2.500% 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.
Abu Dhabi Ports successfully issues $1 billion 10-year bond reporters@khaleejtimes.com Filed on April 29, 2021
Abu Dhabi Ports has been fully aligned with the long-term vision of the Abu Dhabi Government, playing a pivotal role in the growth of the emirate and facilitating international trade. Wam
The issuance was more than 4.5 times over-subscribed at its peak.
Abu Dhabi Ports, rated A+ (stable) by S&P and A+ (stable) by Fitch, has successfully issued US$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).
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.