Abu Dhabi Stock Exchange lists MDJH-GMTN's bonds worth $1.29bln

The bonds are guaranteed by Al Mamoura Diversified Global Holding, a wholly owned subsidiary of Mubadala Investment

  
Investors monitor screens displaying stock information at the Abu Dhabi Securities Exchange

Investors monitor screens displaying stock information at the Abu Dhabi Securities Exchange

REUTERS/Stringer .

The Abu Dhabi Stock Exchange (ADSE) said it has listed €1.1 billion ($1.29 billion) in bonds issued by MDJH-GMTN (RSC) Ltd., owned by Mubadala Treasury Holding Company, which is a wholly owned subsidiary of Mamoura Diversified Global Holding.

In a statement Monday the exchange said the first six-year tranche comes with a value of €600 million with a fixed interest rate of 0.375 percent. The second is for 13 years with a value of €500 million and a fixed interest rate of 1 percent.

These bonds, which comes under the issuer’s Global Medium-Term Note Programme were initially listed on the London Stock Exchange and are listed on the Abu Dhabi Stock Exchange under the symbol XSMDGH0327.

The bonds are guaranteed by Al Mamoura Diversified Global Holding, a wholly owned subsidiary of Mubadala Investment.  

Carlos Obeid, Group Chief Financial Officer, Mubadala Investment Company and Chief Financial Officer of Mamoura Diversified Global Holding, said: "The successful listing of the two new segments of our bonds reflects a very strong demand from investors for MDGH bond issues, the second time we have listed bonds on the Abu Dhabi Stock Exchange. This release will support our efforts to continue to inject capital into our extensive portfolio of diversified investments in the UAE and other markets."

(Writing by Brinda Darasha; editing by Daniel Luiz)

brinda.darasha@refinitiv.com

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