Jun 29 2011 |
more articles from
|
Abu Dhabi TDIC Hires Banks For Fixed-Income Road Shows -Source
Wednesday, Jun 29, 2011
DUBAI (Zawya Dow Jones)--Master developer Tourism Development & Investment Co. has hired BNP Paribas , HSBC , National Bank of Abu Dhabi , Standard Chartered Bank and the Royal Bank of Scotland to arrange a series of fixed-income investor meetings in Asia, Europe and the U.A.E., a banker familiar with the deal said Wednesday.
TDIC , owned by the Abu Dhabi government, "is scheduled to meet investors in Hong Kong on July 5, in Singapore on July 6, in London on the 7th and 8th and in Switzerland on the 11th," the banker, who declined to be identified, told Zawya Dow Jones. "U.A.E. road show dates are yet to be confirmed," the banker added.
TDIC 's road show mandate comes at a time when several U.A.E. companies are planning to tap the debt markets.
The government of Dubai and its flag carrier Emirates Airline raised debt recently, but some other companies have delayed their debt plans as global market conditions have deteriorated in the past few days due to the euro-zone debt crisis and the Federal Reserve's downbeat assessment of the U.S. economy.
-By Nikhil Lohade, Dow Jones Newswires, +9714 446 1694, nikhil.lohade@dowjones.com Copyright (c) 2011 Dow Jones & Co.
(END) Dow Jones Newswires
29-06-11 1641GMT
Zawya Comment Policy
-
Zawya encourages you to add a comment to this discussion. You agree that when you add content to this discussion your comments will not:
1.1 Contain any material which is libelous or defamatory of any person, is obscene, offensive, hateful or inflammatory or causes damage to the reputation of any person or organisation.
1.2 Promote sexually explicit material, violence, discrimination based on race, sex, religion, nationality, disability, sexual orientation or age or any illegal activity.
1.3 Be made in breach of any legal duty owed to a third party, such as a contractual duty or a duty of confidence.
1.4 Be threatening, abuse or invade another's privacy, or cause annoyance, inconvenience or needless anxiety.
1.5 Be used to impersonate any person, to misrepresent your identity or affiliation with any person, or be likely to deceive any person.
1.6 Give the impression that they represent Zawya.
1.7 Advocate, promote or assist any unlawful act such as (by way of example only) copyright infringement or computer misuse. - The content posted on www.zawya.com is created by members of the public. The views expressed are theirs and unless specifically stated are not those of Zawya. Zawya reserves the right to review all comments prior to posting and edit or delete any contribution, but Zawya is not responsible for and can not be held liable for any content posted by members of the public on www.zawya.com.
- Zawya is not responsible for the availability or content of any third party sites that are accessible through www.zawya.com. Any links to third party websites from www.zawya.com do not amount to any endorsement of that site by Zawya and any use of that site by you is at your own risk.
- By submitting your comment, you hereby give Zawya the right, but not the obligation, to post, air, edit, exhibit, telecast, webcast, re-use, publish, reproduce, use, license, print, distribute or otherwise use your comments worldwide, in perpetuity.
Copyright © 2012 Zawya Ltd. All rights reserved. |
provided by www.zawya.com |
Post Your Comment