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TAQA prints USD1bn dual-tranche amid slow start to the week

15 Jun 2016

Abu Dhabi National Energy Company (A3/A-) issued the first bond since 2014 yesterday with a USD1bn dual-tranche. The company, also known as TAQA, issued two USD500m tranches with 5- and 10-year maturities that priced at 3.70% and 4.50% respectively. The

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