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ADQ’s Second $2 Billion Bond Issue Over-Subscribed by 4.1 Times

George Charles Darley-Doran

George Charles Darley, a freelance journalist and consultant, writes for leading outlets, with work in 30+ languages.
  • New issuance includes 7-year and 30-year tranches with coupon rates of 4.375% and 5.250%
  • Funds to support strategic growth initiatives and diversify funding sources

The second bond issue of the Abu Dhabi Developmental Holding Company PJSC (ADQ), valued at $2 billion, has been over-subscribed by a factor of 4.1.

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