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| 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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