Abu Dhabi Ports raises $1bn through bond issuance

  • Date: 30-Apr-2021
  • Source: The National
  • Sector:Transport
  • Country:UAE
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Abu Dhabi Ports raises $1bn through bond issuance

Abu Dhabi Ports raised $1 billion through the issuance of a 10-year bond that will be listed in London and Abu Dhabi.

The bond issued under its recently established Euro Medium Term Note Programme was more than 4.5 times oversubscribed, according to a statement from Abu Dhabi Ports on Thursday.