Published: April 29, 2014
Deal follows JPY20.4bn Samurai loan struck earlier in the month.
Abu Dhabi National Energy Company has launched a US$750mn eurobond.
The company, better known as TAQA, is selling 10-year paper priced at 115 basis points over mid swaps.
Bank of America Merrill Lynch, Mitsubishi UFJ Securities International, RBS, Societe Generale and Standard Chartered Bank are running the deal.
Earlier in April the state-owned company, which runs energy and water assets in the emirate and also has operations in 10 other countries, signed a JPY20.4bn (US$200mn) Samurai loan. The five-year borrowing was arranged by Bank of Tokyo-Mitsubishi UFJ and was priced at 60 basis points over Japanese Yen LIBOR.