$1 billion 10-year bonds issued by Abu Dhabi Ports

$1 billion 10-year bonds issued by Abu Dhabi Ports

Port operator Abu Dhabi Ports has issued $1 billion 10-year bonds to help realise its capital expenditure programme across its asset portfolio over the next decade.

The bonds, which have been under the recently established Euro Medium Term Note Programme (EMTN Programme), will be jointly listed on the London Stock Exchange (LSE) and Abu Dhabi Securities Exchange (ADX).

Group chief executive officer Mohamed Juma Al Shamisi said: “Abu Dhabi Ports’ strategy is to become a top global integrated trade enabler, ranking alongside the most important hubs in the world to facilitate the growth of international trade.

“The success of this first issuance under our recently established EMTN Programme is another important step in our prudent financial strategy that underpins our long-term vision for growth.”

For more information visit www.adports.ae

4th May 2021