Bond ADNEC 7.25% ( XS0380056183 ) in USD

Issuer ADNEC
Market price 100 %  ⇌ 
Country  United Arab Emirates
ISIN code  XS0380056183 ( in USD )
Interest rate 7.25% per year ( payment 2 times a year)
Maturity 01/08/2018 - Bond has expired



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Minimal amount 100 000 USD
Total amount 500 000 000 USD
Detailed description Abu Dhabi National Energy Company (TAQA) is a leading integrated utility company based in the United Arab Emirates, operating across various energy sectors including power generation, water desalination, and oil & gas exploration and production.

An informative financial article details the specifics of the XS0380056183 bond, an obligation issued by the Abu Dhabi National Energy Company (TAQA), a prominent integrated utility company with assets in power generation, transmission, and distribution, as well as upstream oil and gas operations, headquartered in the United Arab Emirates; this U.S. Dollar-denominated bond, part of a $500,000,000 total issuance with a minimum purchase lot of $100,000, carried an annual interest rate of 7.25% paid semi-annually and successfully reached its maturity on August 1, 2018, having been redeemed at 100% of its face value.