Masdar prices $600 million blue bonds at tighter spread
Abu Dhabi renewable energy company Masdar has priced its $600 million five-year blue bond at 115 basis points above the comparable US Treasury benchmark, narrowing the spread from initial guidance of around 130 basis points. The 15-basis-point tightening establishes the final borrowing margin on the dollar-denominated offering, which is structured as senior unsecured debt and is scheduled to…
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