Abu Dhabi's International Petroleum sets five-, 10-year tenors for new dollar benchmark notes

By Christine Van Dusen

Atlanta, Nov. 8 - Abu Dhabi's International Petroleum Investment Co. plans to issue five- and 10-year benchmark-sized dollar-denominated bonds (Aa3/AA/AA) during the Nov. 8 week, a market source said Monday.

Goldman Sachs, Bank of America Merrill Lynch, HSBC, National Bank of Abu Dhabi, Standard Chartered and RBS are the bookrunners for the Rule 144A and Regulation S transaction.

The issuer is an entity that oversees foreign investment in the oil industry.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.