Abu Dhabi Registers to Sell $10 Billion of Bonds
Bloomberg - USA
Abu Dhabi, the oil-rich emirate with the world's largest sovereign wealth fund, has registered to borrow as much as $10 billion from international investors.
Bloomberg - USA
Abu Dhabi, the oil-rich emirate with the world's largest sovereign wealth fund, has registered to borrow as much as $10 billion from international investors.
The bonds would raise Abu Dhabi's debt tenfold to 10 percent of forecast gross domestic product, according to Fitch Ratings, which assigned a ranking of AA, the third-highest investment-grade category. ...
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