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Mubadala Plans Investor Meets for Global Bond Sale
DUBAI - Mubadala Development Co., Abu Dhabi’s state-owned investment company, plans to sell global bonds to US and European investors, the company said. Mubadala hired Citigroup Inc., Goldman Sachs Group Inc. and Royal Bank of Scotland Group Plc to arrange meetings with potential buyers of bonds issued under a medium-term note programme, the company said in an e-mailed statement.
Investor meetings will start on April 23 in Los Angeles and San Francisco, according to two people involved in the talks. Mubadala will also meet bond buyers in New York on April 24, London on April 27 and in Boston and Abu Dhabi on April 28, said the people, who declined to be identified because the talks are private. Mubadala’s notes will be used to diversify its sources of funding, one of the people said.
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