Abu Dhabi's International Petroleum Investment Co (IPIC) has picked banks to arrange fixed income meetings with investors in London next week. BNP Paribas , Goldman Sachs, Societe Generale and UBS were hired to arrange the fixed income meetings in London on Tuesday and Wednesday, arranging banks said in a document seen by Reuters.
A global conference call with fixed income investors is expected to be held on June 14. The investment firm is fully owned by the government of Abu Dhabi.
IPIC, whose current investments include major stakes in Austrian oil group OMV and Spain's Cepsa , has embarked on an aggressive acquisition drive in the hydrocarbons sector in recent years.
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