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Abu Dhabi Nationa Energy Co Bonds

Abu Dhabi National Energy Company (Taqa) will sell a 300 million sterling bond in the third quarter to finance its purchase of North Sea assets from Talisman Energy, the chief executive said.
The bond will be part of the company's $9.5 billion euro medium-term note programme, Peter Barker-Homek told Reuters by telephone from London on Thursday. Abu Dhabi National Energy said earlier one of its units had agreed to buy North Sea oil properties and assets from Canada's Talisman for $550 million.-(Reuters)
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posted by bizzwhizz at 2:23 PM

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