Arab Today, arab today abu dhabi corporate stock in demand
Last Updated : GMT 16:50:52
Arab Today, arab today
Arab Today, arab today

Abu Dhabi corporate stock in demand

Arab Today, arab today

Arab Today, arab today Abu Dhabi corporate stock in demand

Abu Dhabi corporate stock
Abu Dhabi - WAM

ADS Securities, one of the joint book-runners with Goldman Sachs International and Anoa Capital, has confirmed that the Etihad Airways Platform Financing bond raised US$700million.

Philippe Ghanem, CEO and Vice-Chairman of ADS Securities, who was very happy with the markets' response, commented, "The bond issue was well received by investors which was demonstrated by the level of over-subscription. Getting this depth of interest and enthusiasm for an issuance, with such an innovative and unique structure, shows there is strong demand in the market for this type of investment opportunity. This should be seen as a positive step, encouraging more corporate issuers to come to the market."

ADS Securities Chairman, Mahmood Ebraheem Al Mahmood, was very happy with the outcome of the issuance and the overall result for Abu Dhabi, saying, "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 our structuring capability and ability to tailor innovative solutions for clients."

The US$500 million debut bond was issued on Tuesday, 15th September, with a rate of 6.875 per cent, with a follow-on US$200 million bond issued on Wednesday, 16th September, at the same rate.

Matteo Legler, Chief Operating Officer, Head of Global Markets, Wealth Management and Asset Management at ADS Securities, added, "Working with Etihad and its equity partners we were confident we would get a lot of interest from a very large investor base, but the level of the response from all regions exceeded our expectations. The successful launch of this issue should encourage even more corporates from our region to come to the bond market to fill their financing needs."

A private financial services company, ADS Securities is headquartered in Abu Dhabi and has developed a global reputation for providing high quality trading, investment banking and wealth management services. The firm is regulated by the Central Bank of the UAE.

 

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today abu dhabi corporate stock in demand Arab Today, arab today abu dhabi corporate stock in demand

 



Arab Today, arab today
Arab Today, arab today Nohan Seyam designs beautiful accessories

GMT 20:02 2017 Tuesday ,21 February

Nohan Seyam designs beautiful accessories
Arab Today, arab today Tourism shows signs of recovery

GMT 09:59 2017 Monday ,20 February

Tourism shows signs of recovery
Arab Today, arab today Sarah Belamesh designs antiques of "ceramic"

GMT 19:45 2017 Monday ,20 February

Sarah Belamesh designs antiques of "ceramic"
Arab Today, arab today Top Yemen commander killed

GMT 09:55 2017 Wednesday ,22 February

Top Yemen commander killed
Arab Today, arab today Media host Mona Iraqi stresses her show's success

GMT 15:32 2017 Wednesday ,22 February

Media host Mona Iraqi stresses her show's success

GMT 10:37 2017 Tuesday ,21 February

Most Asia markets up as rally presses ahead

GMT 05:34 2017 Tuesday ,21 February

7 firms to list on 2nd Saudi stock board

GMT 19:53 2017 Monday ,20 February

Large stocks fall pushing down Nairobi bourse

GMT 18:36 2017 Monday ,20 February

Heavy selling drags Oman shares lower

GMT 06:16 2017 Monday ,20 February

Bank shares lift Tadawul

GMT 13:43 2017 Sunday ,19 February

Local institutional buying lifts Oman shares higher
View News in Arabic - Business: أسواق مالية
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today To hold social dialogue over secondary school

GMT 07:43 2017 Wednesday ,22 February

To hold social dialogue over secondary school
Arab Today, arab today 63-Year-Old Woman Delivers Baby

GMT 12:35 2017 Tuesday ,21 February

63-Year-Old Woman Delivers Baby
Arab Today, arab today Milan laughs while Rome cries

GMT 10:28 2017 Wednesday ,22 February

Milan laughs while Rome cries
Arab Today, arab today Pluto's unruly moons

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons
Arab Today, arab today Nissan enhances sales in most markets

GMT 14:08 2017 Monday ,20 February

Nissan enhances sales in most markets
Arab Today, arab today Competes Sweden and Germans by S90

GMT 22:36 2017 Thursday ,16 February

Competes Sweden and Germans by S90
Arab Today, arab today Janat pleased for issuing 'Good Morning'

GMT 06:41 2017 Monday ,20 February

Janat pleased for issuing 'Good Morning'
Arab Today, arab today Small ponds have outsized impact

GMT 15:53 2017 Tuesday ,21 February

Small ponds have outsized impact

GMT 06:34 2017 Sunday ,19 February

Ahmed Fahmy stresses he did not ignore singing

GMT 06:50 2017 Wednesday ,15 February

Tragic fluctuations of Bakhtiari's life revealed

GMT 12:22 2017 Monday ,20 February

Kanye West puts hijab-wearing model

GMT 14:06 2017 Friday ,17 February

London to tax old cars

GMT 23:29 2017 Thursday ,16 February

Home built on sand castles-style costs $8m

GMT 05:15 2017 Tuesday ,21 February

Omega 3 can reduce asthma cases

GMT 19:16 2017 Friday ,17 February

Aziz House ready to host the tourists

GMT 13:12 2015 Saturday ,09 May

Sheikh Sultan opens Sharjah Centre

GMT 12:39 2017 Monday ,20 February

newest smartphone another winner for Huawei

GMT 16:08 2017 Wednesday ,15 February

Shawsh reveals her collection "Jewelry of dreams"
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday