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Aabar Investments raises $1.76bln in bond sale

Posted on 25 May 2011

Abu Dhabi’s Aabar Investments raised 1.25 billion euros ($1.76 billion) from the sale of bonds exchangeable into the German automaker Daimler’s stock, after keen investor interest prompted it to increase the size of the deal.
Earlier on Tuesday, the sovereign fund said it would issue a five-year 750 million euro exchangeable bond. But during the day, the size of the deal was raised to 1.25 billion euros……………………………………….Full Article: Source

 
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