03.10.2011 - Abu Dhabi’s Taqa sets up $1.1 bln Sukuk program
Abu Dhabi National Energy Co. set up a 3.5 billion Malaysian ringgit ($1.1 billion) sukuk program as the state-controlled utility known as Taqa diversifies its financing options. “The program will allow Taqa to issue quickly if and when the market conditions are optimal,” the company said in a statement to the Abu Dhabi bourse today. The sale will be Taqa’s first ringgit sale, according to Bloomberg data..............................................Full Article: Source
Print