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ADNOC Abu Dhabi National Oil : Raises USD 1.64 Billion Through Successful Combined Offering of Distribution Shares and Issuance of Exchangeable Bonds Attracting Foreign Direct Investment into the UAE
05/26/2021 | 02:37pm EDT
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Required fields ADNOC Raises USD 1.64 Billion Through Successful Combined Offering of ADNOC Distribution Shares and Issuance of Exchangeable Bonds Attracting Foreign Direct Investment into the UAE Innovative share and exchangeable bond structure maximizes value to ADNOC and fulfils commitment at time of IPO to increase the free float of ADNOC Distribution Combined offering attracted new institutional investors and Foreign Direct Investment ( FDI ) into the UAE Success of combined offering, the first of its kind in the GCC, reinforces the attractive investment opportunities and environment provided by ADNOC, Abu Dhabi and the UAE
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