Deals of the Year 2011: Aabar Investments PJS unsecured exchangeable bond

Another example of Gulf firms tapping alternative financing at a time of tighter global liquidity can be seen in the €1.25 billion exchangeable bond from Aabar Investments PJS in May.

Aabar Investments PJS unsecured exchangeable bond
Size €1.25 billion
Date May 24 2011
Lead managers Bank of America Merrill Lynch, Deutsche Bank and Morgan Stanley
Coupon 4%
Tenor Five years
return to the Middle East & Africa Deals of the Year index

Another example of Gulf firms tapping alternative financing at a time of tighter global liquidity can be seen in the €1.25 billion exchangeable bond from Aabar Investments PJS in May.

The government of Abu Dhabi owns Aabar indirectly through investment vehicle International Petroleum Investment Company (Ipic).

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