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Jassim Al Zaabi

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UAE: Abu Dhabi Issues $7 Billion Multi-Tranche International Bond
April 20th, 2020 - 11:00 GMT

UAE: Abu Dhabi Issues $7 Billion Multi-Tranche International Bond

The Emirate of Abu Dhabi has priced a $7 billion multi-tranche international bond offering as an integral component of its medium-term strategy, which attracted strong interest from international investors, the Abu Dhabi Department of Finance said Sunday. Commenting on the offering, Jassim Al Zaabi, the department’s chairman said: "The success of the issuance, particularly amidst the global uncertainties caused by the COVID-19 pandemic and the oil price decline, is testament ...
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