Abu Dhabi National Energy Company (TAQA) said in a filing to the Abu Dhabi Securities Exchange on 30 April that it has finalized the issuance of a $750mn, 3.875% bond due in May 2024. TAQA says that the proceeds will pay expenses and part of the $1.2bn in bonds set to mature in September this year.

Earlier this month, TAQA secured a $200mn Samurai loan, which will also be used to refinance some of the bonds set to mature this year. (CONTINUED - 134 WORDS)