ADQ Sells Bonds On London Exchange
Posted on 05/02/2024
Abu Dhabi’s ADQ offered US$ 2.5 billion in bonds on the London Stock Exchange. ADQ says it is adding new income streams. ADQ’s bonds were oversubscribed. ADQ sold a 5 year, US$ 1.25 billion tranche with a coupon of 5.5% and a 10 year tranche worth another US$ 1.25 billion at 5.6%. ADQ said conditions…
