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The UAE announced its record-breaking green data center in February of this year. The Moro Hub, created by the digital arm of DEWA, became the largest solar-powered data center, according to Guinness World Records. ....
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 raises $1 billion through 10-year bond issuance 30 Apr 2021 Picture used for illustrative purpose. 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 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. ....
SHARE Abu Dhabi Ports raised $1 billion through the issuance of a 10-year bond that will be listed in London and Abu Dhabi. The bond issued under its recently established Euro Medium Term Note Programme was more than 4.5 times oversubscribed, according to a statement from Abu Dhabi Ports on Thursday. “The global investor response to Abu Dhabi Ports’ first joint Note Programme on the London Stock Exchange and Abu Dhabi Security Exchange has been very strong. with orders placed by over 200 institutional investors from 35 countries, including sovereign wealth funds, central banks, insurers, corporate treasuries and asset managers, said Mohamed Juma Al Shamisi, group chief executive of Abu Dhabi Ports. ....
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. ....