Abu Dhabi National Oil Co (ADNOC) will look at a potential bond issue, its group chief financial officer said on Wednesday.
Asked whether ADNOC would look at a bond issue in the first quarter of 2020, Mark Cutis said at a Bloomberg event: “We will take a look. These are historically low interest (rates), so if you're not issuing, you're making a big judgement call.”
ADNOC was given an AA credit rating by Fitch in February.
Also Read
-
Moody’s assigns Aa2 rating to Abu Dhabi’s $10 bln triple-tranche bond
Moody’s Investors Service assigned Abu Dhabi’s $10 billion three-tranche bond a ‘Aa2’ senior unsecured rating, citing the ... Economy -
ADNOC CEO: $11 trln investment needed to meet future global energy demand
The chief executive of the Abu Dhabi National Oil Company (ADNOC) said that the long-term outlook for global energy demand was “robust” ... Energy -
Saudi Arabia, Aramco dollar bonds rise after falling following attacks: Tradeweb
Saudi Arabian sovereign dollar bonds and Aramco dollar bonds both rose more than 0.6 cents after falling on Monday in the wake of the attacks on Saudi ... Financial Markets
