A banking document reported today, Thursday, that "Abu Dhabi's sovereign wealth fund (Mubadala) is expected to raise $1.5 billion from the sale of ten-and-a-half-year bonds." The document indicated that "the initial indicative price is set between 140 and 150 basis points above U.S. Treasury bonds for the ten-and-a-half-year tranche, and around 180 basis points above U.S. Treasury bonds for the 30-year Formosa tranche."
Mubadala Expected to Raise $1.5 Billion from Two-Tranche Bonds
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