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Abu Dhabi's Taqa mandates banks for US dollar bond

by June 12, 2016 General

Abu Dhabi National Energy Company (Taqa) has mandated BNP Paribas, Citi, First Gulf Bank, HSBC, National Bank of Abu Dhabi and SG CIB as joint bookrunners to arrange investor meetings for a possible bond issue, a document from arrangers showed.

The roadshow would start in Hong Kong on Wednesday and move to Singapore on Thursday, before moving to Europe and the United States.

A US dollar-denominated senior unsecured benchmark Rule 144A/Regulation S bond transaction may follow, subject to market conditions.  – Reuters