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Sovereign Wealth Funds Briefing - Categorized | Asset Allocation

General Electric, Mubadala Joint Venture Plans Debut Bond Sale

Posted on 29 October 2014

Mubadala GE Capital PJSC, a venture between Abu Dhabi state-owned fund Mubadala Development Co. and General Electric Co. (GE), hired banks to manage its debut bond sale, according to two people familiar with the matter.
Barclays Plc, Citigroup Inc., HSBC Holdings Plc, Natixis SA and First Gulf Bank PJSC will market the sale, the people said, asking not to be identified because the information isn’t public. Mubadala GE Capital will meet fixed-income investors in the Middle East, Europe and the U.S. from Oct. 28 and a dollar-denominated senior unsecured offering may follow, they said………………………………………..Full Article: Source


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