Abu Dhabi Energy Co Taqa kicks off $1.25bn syndicated loan

Taqa 230
By Bianca Boorer
07 Dec 2017

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 ...

Please take a trial or subscribe to access this content.

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

Or sign up for a trial to gain full access to the entire site for a limited period.

Free Trial

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.