Abu Dhabi National Energy Co (TAQA) raised $215 million from the sale of a Malaysian ringgit-denominated Islamic bond, or sukuk, it said on Sunday, as part of plans by the state-run oil and gas utility to diversify its funding sources.
The ten-year sukuk carried a 4.65 percent profit rate with a full swapped rate to U.S. dollars of 5.3 percent, the company, which owns assets in Canada and Europe, said in a statement………………………………………..Full Article: Source