Abu Dhabi Ports raises $1 billion through 10-year bond issuance
Abu Dhabi Ports raises $1 billion through 10-year bond issuance 30 Apr 2021 Picture used for illustrative purpose. Abu Dhabi Ports has successfully issued $1 billion 10 year bonds (The Notes) under its recently established Euro Medium Term Note Programme (EMTN Programme), to be jointly listed on the London Stock Exchange (LSE) and Abu Dhabi Securities Exchange (ADX). The issuance was more than 4.5 times over-subscribed at its peak. The Notes mature on 6 May 2031 and carry a coupon of 2.500% per annum. Proceeds will be used for general corporate purposes and debt re...