TDIC bond oversubscribed

02 July 2009

The Abu Dhabi-based Tourism Development & Investment Company (TDIC) has said that its inaugural $1bn bond tranche under the $3bn Global Medium Term Note (GMTN) Programme has attracted substantial interest from global investors and had been oversubscribed six times. The total order book exceeded $6bn from approximately 300 investors.

A MEED Subscription...

Subscribe or upgrade your current package to support your strategic planning with the MENA region’s best source of business information. Proceed to our online shop below to find out more about the features in each package.

Get Notifications