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Investors have appetite for Abu Dhabi investments

Abu Dhabi - The $500 million debut bond was issued on September 15, with a rate of 6.875 per cent, and a follow-on $200 million bond issued on September 16 at the same rate.

International investors have a real appetite for Abu Dhabi investments, said the chairman of ADS Securities, which was one of the joint book-runners, with Goldman Sachs International and Anoa Capital that raised the Etihad Airways Platform Financing bond valuing $700 million.
The $500 million debut bond was issued on September 15, with a rate of 6.875 per cent, and a follow-on $200 million bond issued on September 16 at the same rate.
ADS Securities chairman, Mahmood Ebraheem Al Mahmood, was very happy with the outcome of the issuance and the overall result for Abu Dhabi. He said: "We, and our partners, have shown that international investors have a real appetite for Abu Dhabi and Abu Dhabi investments."
The success of this transaction highlights ADS's structuring capability and ability to tailor innovative solutions for clients, he said.
- haseeb@khaleejtimes.com