financetom
Business
financetom
/
Business
/
Abu Dhabi's ADNOC to launch $4 billion 3-part bond sale, IFR reports
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Abu Dhabi's ADNOC to launch $4 billion 3-part bond sale, IFR reports
Sep 6, 2024 12:24 PM

Sept 4 (Reuters) - Abu Dhabi National Oil Company

(ADNOC), through debt unit ADNOC Murban, is set to launch the $4

billion, 3-part bond sale it was marketing earlier in the day,

fixed-income news service IFR reported on Wednesday.

It has given final terms for a sale of $1 billion in

five-year notes at 70 basis points over U.S. Treasuries, $1.5

billion in 10-year tranche at 85 bps, and another $1.5 billion

30-year portion at 115 bps over the same benchmark, IFR said.

JPMorgan and Morgan Stanley are global coordinators for the

debt sale. BofA Securities, Citi and First Abu Dhabi Bank are

active bookrunners while Abu Dhabi Commercial Bank, HSBC, Mizuho

and SMBC Nikko are passive bookrunners.

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 >
Copyright 2023-2026 - www.financetom.com All Rights Reserved