Abu Dhabi starts marketing two-tranche bonds - document

  • 9/8/2021
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DUBAI, Sept 8 (Reuters) - Abu Dhabi on Wednesday gave an initial price guidance of around 90 basis points (bps) over U.S. Treasuries (UST) for 10-year bonds and around 130 bps over UST for 30-year bonds, a bank document showed. BNP Paribas, First Abu Dhabi Bank, JPMorgan, Morgan Stanley and Standard Chartered are arranging the deal, the document from one of the banks showed. The deal is expected to close later on Wednesday. (Reporting by Yousef Saba; Editing by Himani Sarkar) Our Standards: The Thomson Reuters Trust Principles.

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