VIDEO: Masdar prices $600mln blue bond; orders top $1.4bln
Zawya · Staff Writer ·
Abu Dhabi’s flagship renewable energy company Masdar, rated A1/AA-/AA-, has set the final pricing for its $600 million five-year blue bond at 115 basis points (bps) over the five-year US Treasury benchmark, tightening from initial price thoughts of around 130 bps
The offering attracted orders exceeding $1.4 billion, excluding joint lead manager interest. Watch the Zawya video here:
VIDEO: Masdar prices $600mln blue bond; orders top $1.4bln
Abu Dhabi’s flagship renewable energy company Masdar, rated A1/AA-/AA-, has set the final pricing for its $600 million five-year blue bond at 115 basis points (bps) over the five-year US Treasury benchmark, tightening from initial price thoughts of around 130 bps