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Wednesday, 15 February 2017

Abu Dhabi in no rush to issue bond after Asian non-deal roadshow -sources | Reuters

Abu Dhabi in no rush to issue bond after Asian non-deal roadshow -sources | Reuters:

"The emirate of Abu Dhabi is in no rush to issue an international bond this year after completing a non-deal roadshow for investors in Asia, and may not issue at all this year, sources close to the matter said on Wednesday.

Government representatives met Asian fixed income investors at the end of January, but “the non-deal roadshow was just that: a non-deal roadshow. They won’t issue this year,” said one of the sources, declining to be named because the matter is not public.

Another source said there was no rush to sell bonds and a decision to issue had not been made, though he stopped short of saying there would definitely be no issue this year."



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