(MENAFN) Abu Dhabi-based telecoms operator Etisalat has recently launched a USD4.27 billion debut bond after tightening the pricing across all sections, according to Arabian Business.
Two of the four-euro tranches are estimated at USD3.26 billion; USD1.63 billion each, while both dollar bond portions were estimated at USD500 million each.
Tightened pricing for the 7-year euro tranche was given at 80 bps over midswaps, while the 12-year euro bond was at 110 bps over midswaps.
Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.