Abu Dhabi secures tight pricing in bond sale
Arabian Post Staff -Dubai Abu Dhabi has achieved firm pricing on a dual-tranche dollar bond sale, drawing robust global demand that allowed spreads to tighten sharply from initial guidance and underscored sustained investor appetite for high-grade Gulf sovereign debt. The emirate priced a five-year tranche at a 3.75 per cent coupon with a reoffer price of 99.824 per cent, equating to a spread of 20 basis points […]



