Thursday, 27 September 2018

Abu Dhabi’s Mubadala plans bond transaction soon - sources | Reuters

Abu Dhabi’s Mubadala plans bond transaction soon - sources | Reuters:

Abu Dhabi state fund Mubadala is working on a bond transaction which could be announced as soon as next week, sources familiar with the matter said.

Unlisted Mubadala, which has stakes in General Electric and private equity firm Carlyle Group, is working with a number of banks, including Bank of America Merril Lynch (BAML), on the planned deal, said three of the sources.

A spokesman at Mubadala told Reuters: “we are looking at various ways to optimize and simplify our organizational and capital structure.”

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