Mamoura makes rare stop in MTNs : vimarsana.com

Mamoura makes rare stop in MTNs


By Frank Jackman
08.30 AM
Emirati state-owned Mamoura Diversified Global Holding returned to the MTN market this week to sell its first private placement since its parents’ merger in 2017.
“This is an incredibly rare MTN issuer,” said one MTN banker away from the deal.
According to Dealogic, it last privately placed debt as the International Petroleum Investment Company (IPIC) in December 2016 when it sold a $700m 3.386% five year deal through First Abu Dhabi Bank.IPIC
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