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English news

01-Jun-2016

Taqa picks banks for international bond

Abu Dhabi National Energy Company (TAQA) has mandated BNP Paribas, Citigroup, First Gulf Bank, HSBC, National Bank of Abu Dhabi and Societe Generale for a potential dollar bond. The company produces oil and natural gas from Canada to North Africa plans to complete the bond dale in June. Abu Dhabi raised USD5bn through a dual-tranche bond in April. (Bloomberg)

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