Abu Dhabi meets bond investors in non-deal roadshow, sources say | Reuters

Abu Dhabi meets bond investors in non-deal roadshow, sources say | Reuters:

Abu Dhabi held meetings with international bond investors in a so-called non-deal roadshow before a potential bond issue next year, sources familiar with the matter said, as a recent drop in oil prices might prompt Gulf countries to borrow soon. 


Governments in the Gulf Cooperation Council region have raised billions of dollars in the international debt markets over the past few years to offset budget deficits caused by lower oil prices.

Representatives of the Abu Dhabi government met investors in Frankfurt, London, Boston and New York about a week ago, said one of the sources. A non-deal roadshow is a series of investor meetings not tied to a specific transaction.