Wednesday 30 July 2014

Mubadala hires six banks for Eurobond issue

London, April 10, 2014

Abu Dhabi's Mubadala has hired six banks to lead manage a new Eurobond issue, according to several market sources.

The state-owned fund has appointed Bank of America Merrill Lynch, Credit Agricole CIB, Deutsche Bank, Goldman Sachs, HSBC and National Bank of Abu Dhabi to manage a potential offering, said the sources.

Mubadala itself was last in the market in April 2011 through a $1.5 billion five- and 10-year trade. However, Mubadala-related entities including Dolphin Energy, Shuweihat 2 and Aldar Properties have accessed bond markets since. - Reuters

Tags: abu dhabi | banks | Mubadala | eurobond |

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