Abu Dhabi Energy Co Taqa kicks off $1.25bn syndicated loan
Abu Dhabi National Energy Co, known as Taqa, has invited banks to join a $1.25bn syndicated loan, which it plans as a bridge to a bond issue.
The request for proposals was sent out this week and banks have until the end of next week to respond.Taqa had a $500m bond due in October, which it repaid with an existing revolving credit facility. It has another maturity coming up for a $750m bond in ...
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