Taqa eyes USD1bn in first bond sale since 2014, as the state controlled energy investor is returning to international bond markets for the first time since 2014 to help refinance debt due in October. The company known as Taqa is offering five-year bonds at a range of 262.5 to 275 basis points over the midswap rate, while the spread for 10-year bonds is ranging between 312.5 and 325 basis points. The Abu Dhabi-based company, which last tapped the dollar market two years ago when it raised USD750mn, has a USD1 bn bond maturing in October. (Bloomberg)