Taqa sets commitment deadline for $3bn refi
Taqa, the Abu Dhabi National Energy Company, has set a commitment deadline of November 29 for its $3bn three and five year refinancing, according to loans bankers. The transaction must be closed before the end of the year.
Lenders joining the retail phase are being offered tickets of $150m for the title of mandated lead arranger, $100m as lead arranger, $50m as arranger and $25m for the role of lead manager.
The large ticket sizes may be challenging for some retail lenders but banks wishing to join
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