Abu Dhabi government-owned International Petroleum Investment Company is set to meet bond investors in Europe on 19 October ahead of a potential bond issue.

The company is meeting investors in the US and Europe to test market conditions for a bond issue. The US’ Goldman Sachs, JP Morgan, the UK’s Barclays Capital, Japan’s Mitsubishi UFJ Securities, and France’s Natixis and Societe Generale have been appointed to arrange the meetings.

The roadshow finishes on 26 October.

Ipic issued $4.4bn of bonds in March, attracted an orderbook of $12bn. The proceeds were used to finance the acquisition of Spanish oil firm Compania Espanola de Petroleos (Cepsa).