IPTs out for Dubai’s Averda
Averda International is preparing to issue a five year deal in the bond market this month, having extended a term loan facility in August.
Banca Imi, Barclays, Citi, and HSBC are global coordinators, sharing the ticket with joint lead managers Bank ABC, Emirates NBD Capital, Deutsche Bank and First Abu Dhabi Bank and co-manager Tellimer.The banks have offered initial price thoughts of mid 9% area for the ...
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