Abu Dhabi begins ‘historic’ privatisation process with petrol stations

Abu Dhabi National Oil Co, the oil company owned by the emirate, has announced plans to float its chain of petrol stations in the United Arab Emirates, in what could be a highly significant deal for the region.

  • By Aidan Gregory, Sam Kerr
  • 14 Nov 2017

Gulf states are trying new financial measures to cope with the fall in oil prices, but the IPO on the Abu Dhabi Securities Exchange could have wider implications.

Adnoc Distribution’s IPO is the first in an expected wave of privatisations in the region, as low oil prices since 2015 ...

Please take a trial or subscribe to access this content.

Contact our subscriptions team to discuss your access: subs@globalcapital.com

Corporate access

To discuss GlobalCapital access for your entire department or company please contact our subscriptions sales team at: subs@globalcapital.com or find out more online here.

All International Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 397,752.90 1499 9.04%
2 JPMorgan 363,181.70 1645 8.26%
3 Bank of America Merrill Lynch 348,228.35 1238 7.92%
4 Goldman Sachs 258,020.28 869 5.87%
5 Barclays 255,130.46 1004 5.80%

Bookrunners of All Syndicated Loans EMEA

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 HSBC 41,871.90 183 6.88%
2 Deutsche Bank 36,549.85 129 6.00%
3 BNP Paribas 30,861.76 187 5.07%
4 Bank of America Merrill Lynch 30,788.61 98 5.06%
5 Barclays 30,558.69 87 5.02%

Bookrunners of all EMEA ECM Issuance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 JPMorgan 21,646.51 97 8.85%
2 Morgan Stanley 17,632.84 92 7.21%
3 Citi 16,974.50 104 6.94%
4 UBS 16,761.62 67 6.85%
5 Goldman Sachs 16,323.87 89 6.67%