Abu Dhabi wealth fund Mubadala starts marketing AED 5-year bonds, document shows

Abu Dhabi sovereign wealth fund Mubadala has tapped investors for dirham-denominated 5-year bonds, an arranging document showed on Thursday.

Mubadala, acting through its debt vehicle Mamoura Diversified Global Holding, has set price guidance for the local currency debt sale at around 4.450%, the document showed.

Abu Dhabi Commercial Bank, Bank of China, Citi, Emirates NBD Capital, First Abu Dhabi Bank, Goldman Sachs International, HSBC, Industrial and Commercial Bank of China, National Bank of Kuwait and Standard Chartered Bank are acting as joint lead managers and joint bookrunners, the document said.