Middle East Economic Survey
Taweelah A-2 Bond Looks To Tap New Investment Sources
A $133.75mn dollar-denominated bond was launched on 27 June to securitize part of the Taweelah A-2 power/desalination refinancing completed earlier this year. The aim is to tap a range of new, non-traditional investment sources. Khalid al-Qubaisi, Head of Corporate Finance at National Bank of Abu Dhabi (NBAD), the lead arranger for the bond, told MEES that the aim of...