Search This Blog

Monday, September 2, 2024

Adnoc Prepares Bond Market Debut After Over Two Year Wait

 

  • New entity was established in 2022 but had yet to sell notes
  • Oil producer seeks to diversify investor base with new bonds

Abu Dhabi’s main oil producer Adnoc is set to make its bond market debut more than two years after creating an entity to pursue such financing.

The company began a two day roadshow on Monday and is looking to raise five-, 10- and 30-year debt, according to people familiar with the matter who asked not to be identified.

https://www.bloomberg.com/news/articles/2024-09-02/adnoc-prepares-bond-market-debut-after-over-two-year-wait

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.