Abu Dhabi's Mubadala launches $1.5 bln of bonds-document | Reuters
Abu Dhabi state investor Mubadala on Monday launched $1.5 billion five and 10-year bonds for sale, according to a document seen by Reuters.
Mubadala's unit Mamoura is selling $500 million worth of 5-year bonds at 80 basis points over U.S. Treasuries and $1 billion of 10-year bonds at 120 basis points over U.S. Treasuries, the document showed.
Mubadala Investment Co, which manages 894 billion dirhams ($243.42 billion) in assets, is Abu Dhabi's second-biggest sovereign investor after Abu Dhabi Investment Authority.
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