Abu Dhabi Is Said to Weigh Raising About $10 Billion From Bonds - Bloomberg

Abu Dhabi Is Said to Weigh Raising About $10 Billion From Bonds - Bloomberg:

"Abu Dhabi, home to about 6 percent of the world’s oil reserves, is said to be considering raising about $10 billion from a dollar bond sale as early as Tuesday to help plug a budget deficit.

Encouraged by Saudi Arabia’s $12.5 billion sale last week, the biggest sovereign deal in emerging markets this year, Abu Dhabi opened books on Monday for a three-part offering ranging from five to 30 years, people familiar with the matter said, declining not to be identified because the talks are private. No final decision has been made on the size of the transaction, which will be subject to order books, they said.

Initial price thoughts, which were announced after calls with investors, are as follows: "



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