UAE gets set as big names take to the blocks

By Dan Alderson
17 Jan 2014

The Middle East bond market is hoping for a grand re-opening in the next week or so with several candidates lining up the first issuance of 2014 amid strong market conditions.

Abu Dhabi Electricity Company (Taqa) is likely to be among the first Gulf names this year to issue bonds or sukuk, said a London-based bank syndicate official and a UAE-based investor.

The Emirati energy provider is a frequent bond issuer and has a $1.2bn maturity in September. Recent ...

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