Middle East Economic Survey
VOL. LIV
No 16
18-Apr-2011
UAE
Mubadala Issues Bonds Worth $1.5Bn
Abu Dhabis Mubadala launched bonds worth $1.5bn on 13 April. It issued $750mn of 5-year bonds at 180 basis points (bps) over US Treasuries, and $750mn of 10-year bonds at 210 bps over US Treasuries. The pricing on the 5-year paper undercut price guidance by 5 bps, while the 10-year tranche came in at the same level as price guidance. Mubadala is the second Abu Dhabi entity to tap international...
Please log in to read the rest of this story.
You may purchase access to entire
MEES digital archives by subscribing.
This subscription gives you access to all the content of MEES digital archives up to 1978!