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FINANCIAL NEWS
Abu Dhabi- TAQA issues USD750mn bonds
14 Oct 2016
(MENAFN) Abu Dhabi National Energy (TAQA) issued two-tranche dollar denominated bonds worth USD750mn.
Moreover, the fund raised from the bonds issue will be used to refinance recent bonds, as well as to finance the firm”s general budget.
The firm aims to return to the bond market later this year or by the beginning of next year to refinance matured debts.
In addition, the first issue worth USD250mn and matures in June 2021, while the second worth USD500mn and matures in June 2026.
More News
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BBK awards over BD 1 Million to 273 winners in the February Al Hayrat Grand Prizes draw
01 Mar 2026
BBK activates partial remote working system for its workforce to ensure employee and customer safety and service continuity
24 Feb 2026
BBK discloses its financial results for the year ended 31st December 2025
05 Feb 2026
BBK announces December Al Hayrat Grand Prize winners and another wave of Grand prizes for February
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