Abu Dhabi sovereign fund ADQ picks banks for two-part bond sale, IFR reports-February 2024-www.financetom.com

Abu Dhabi sovereign fund ADQ picks banks for two-part bond sale, IFR reports

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Abu Dhabi sovereign fund ADQ picks banks for two-part bond sale, IFR reports

Apr 28, 2024 11:35 PM

April 29 (Reuters) - Abu Dhabi sovereign wealth fund,

Abu Dhabi Developmental Holding (ADQ), has hired banks to

arrange investor meetings ahead of its debut U.S. dollar

denominated double tranche bond offering, fixed income news

service IFR reported on Monday.

The fund has picked Citigroup ( C/PN ), Credit Agricole, First Abu

Dhabi Bank, Goldman Sachs International, HSBC ( HSBC ) and Standard

Chartered ( SCBFF ) are joint global coordinators and active bookrunners,

while IMI-Intesa Sanpaolo and Abu Dhabi Commercial Bank are

acting as joint passive bookrunners, IFR said.

The investor meetings were scheduled to start from April 29,

IFR added.

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