financetom
Business
financetom
/
Business
/
Abu Dhabi's ADNOC picks banks for three-part bond sale
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Abu Dhabi's ADNOC picks banks for three-part bond sale
Sep 2, 2024 1:14 AM

Sept 2 (Reuters) - Abu Dhabi National Oil Company

(ADNOC) has hired banks ahead of a planned three-part bond sale,

fixed income news service IFR reported on Monday.

Acting through primary debt capital markets subsidiary ADNOC

Murban, Abu Dhabi's flagship oil company has picked J.P. Morgan

and Morgan Stanley as global coordinators to arrange investor

meetings from Sept. 2, IFR said.

BofA Securities, Citi and First Abu Dhabi Bank have been

selected as active bookrunners while Abu Dhabi Commercial Bank,

HSBC ( HSBC ), Mizuho and SMBC Nikko are acting as passive bookrunners.

The oil company plans to issue benchmark-sized U.S. dollar

denominated senior unsecured bonds with five, 10 and 30-year

terms, IFR added.

(Reporting by Mohammad Edrees

Editing by David Goodman

)

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Intel, Nvidia, EQTY Lab to Launch Product to Audit AI Workflows
Intel, Nvidia, EQTY Lab to Launch Product to Audit AI Workflows
Dec 18, 2024
04:42 PM EST, 12/18/2024 (MT Newswires) -- Eqty Lab is collaborating with Intel ( INTC ) and Nvidia ( NVDA ) to launch the Verifiable Compute AI framework, a hardware-based product to audit artificial intelligence projects, Eqty said Wednesday. The product protects and controls AI data, models, and agents with cryptography, said EQTY Lab's Founder Jonathan Dotan. ...
US will not seek immediate recall of about 50 million vehicles over air bag issue
US will not seek immediate recall of about 50 million vehicles over air bag issue
Dec 18, 2024
WASHINGTON, Dec 18 (Reuters) - The National Highway Traffic Safety Administration said on Wednesday it will not seek an immediate recall of air bag inflators in about 50 million U.S. vehicles assembled by 13 automakers and instead will conduct further investigation. The agency said in July it thought the vehicles posed serious safety risks and was considering requiring a recall....
Grocery Outlet Names Christopher Miller as CFO
Grocery Outlet Names Christopher Miller as CFO
Dec 18, 2024
04:43 PM EST, 12/18/2024 (MT Newswires) -- Grocery Outlet ( GO ) said Wednesday it named Christopher Miller as chief financial officer, starting Jan. 6. Miller joins the company from food service distributor Shamrock Foods, where he was CFO, Grocery Outlet ( GO ) said. ...
Intuitive Machines Insider Sold Shares Worth $4,566,612, According to a Recent SEC Filing
Intuitive Machines Insider Sold Shares Worth $4,566,612, According to a Recent SEC Filing
Dec 18, 2024
04:44 PM EST, 12/18/2024 (MT Newswires) -- Kamal Seyed Ghaffarian, 10% Owner, Director, on December 16, 2024, sold 377,973 shares in Intuitive Machines ( LUNR ) for $4,566,612. Following the Form 4 filing with the SEC, Ghaffarian has control over a total of 3,617,882 shares of the company, with 123,114 shares held directly and 3,494,768 controlled indirectly. SEC Filing: https://www.sec.gov/Archives/edgar/data/1844452/000121390024110170/xslF345X05/ownership.xml...
Copyright 2023-2026 - www.financetom.com All Rights Reserved