Abu Dhabi Securities Exchange announces listing of Mamoura Diversified Global Holding's bonds

ADX's strong trading and regulatory infrastructure becoming increasingly attractive to major corporations

  

Abu Dhabi: Abu Dhabi Securities Exchange (ADX) announced today that it has listed US$4 billion Fixed Rate Notes issued by MDGH GMTN B.V. and guaranteed by Mamoura Diversified Global Holding PJSC (MDGH). MDGH is the debt issuing entity of Mubadala Investment Company, and the MDGH bonds have their primary listing on the London Stock Exchange.

H.E. Khalifa Al Mansouri, Chief Executive of ADXsaid: “Today we extend a warm welcome to Mubadala as it joins ADX. The listing of its MDGH bonds is further evidence of ADX’s appeal to a broader base of investors and issuers, and is in line with our strategy of increasing the number of products available to them. When we see global investment companies decide to list their debt securities on ADX, it sends a powerful message to markets all around the world that Abu Dhabi can support the capital requirements and growth ambitions of any business. As we add more products to the exchange and invest in our trading infrastructure, we also become more attractive to investors looking for better and more flexible ways to manage their wealth in a stable, low risk environment.” 

ADX continues to invest in its systems and infrastructure to achieve its objective of being a leading international exchange and attracting more foreign investors, as well as developing a more varied domestic investor base. This investment is increasingly digitally led, as the exchange deploys cutting edge-technological solutions to reach its goals.

A robust, modern, innovative, and global capital market is an essential pillar of Abu Dhabi’s economy, and ADX is working in close collaboration with the Abu Dhabi government and with other stakeholders across the Emirate to achieve this. ADX recently reported on the positive impact of the increase in foreign ownership limits of its listed companies; and last week Chimera Capital LLP announced the launch of Chimera S&P UAE Shariah Exchange Traded Fund (ETF), the first ETF to track a Shariah-compliant index in the UAE, which will have its primary listing on ADX.

About Abu Dhabi Securities Exchange:

Abu Dhabi Securities Exchange (ADX) was established on November 15 of the year 2000 by Local Law No. (3) Of 2000, the provisions of which vest the market with a legal entity of autonomous status, independent finance and management.  The Law also provides ADX with the necessary supervisory and executive powers to exercise its functions. On 17th March 2020, ADX was converted from a “Public Entity” to a “Public Joint Stock Company PJSC” pursuant to law No. (8) of 2020. ADX is part of ADQ, one of the region’s largest holding companies with a diverse portfolio of major enterprises spanning key sectors of Abu Dhabi’s non-oil economy.

ADX is a market for trading securities; including shares issued by public joint stock companies, bonds issued by governments or corporations, exchange traded funds, and any other financial instruments approved by the UAE Securities and Commodities Authority (SCA).

ADX is the second largest market in the Arab region and its strategy of providing stable financial performance with diversified sources of incomes is aligned with the guiding principles of the UAE “Towards the next 50” agenda. The national plan charts out the UAE’s strategic development scheme which aims to build a sustainable, diversified and high-value added economy that positively contributes to transition to a new global sustainable development paradigm.    

For more information, please contact:
Abdulrahman Saleh ALKhateeb
Manager of Corporate Communication & Digital Marketing
Tel: +971 (2) 612 8774
Email: ALKhateebA@adx.ae 

Habib Bacha
Newgate Communication
Tel: +971 (2) 442 0423
Email: habib.bacha@newgatecomms.com 

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