ADX lists $1.5bn of dual-tranche TAQA bonds on its main market

ADX lists $1.5bn of dual-tranche TAQA bonds on its main market

Abu Dhabi Securities Exchange (ADX) has made a secondary listing of Abu Dhabi National Energy Company (TAQA) dual-tranche $1.5 billion bonds on its main market. The 5-year $500 million notes, maturing in 2029, were issued as conventional bonds with a 4.375 percent coupon, while the 10-year $1 billion tranche, maturing in 2033, was priced with […]