{"id":798417,"date":"2021-05-06T10:49:01","date_gmt":"2021-05-06T10:49:01","guid":{"rendered":"https:\/\/telecomlive.in\/web\/2021\/05\/06\/uaes-etisalat-to-raise-1-billion-euros-with-two-tranche-bonds\/"},"modified":"2021-05-06T10:49:01","modified_gmt":"2021-05-06T10:49:01","slug":"uaes-etisalat-to-raise-1-billion-euros-with-two-tranche-bonds","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2021\/05\/06\/uaes-etisalat-to-raise-1-billion-euros-with-two-tranche-bonds\/","title":{"rendered":"UAE&#8217;s Etisalat to raise 1 billion euros with two-tranche bonds"},"content":{"rendered":"<p>Abu Dhabi-based telecoms operator Etisalat is set to raise 1 billion euros ($1.2 billion) in dual-tranche bonds on Thursday, a document from one of the banks leading the deal showed.<\/p>\n<p>The company plans to raise 500 million euros in seven-year notes and a further 500 million euros with a 12-year maturity, according to the document reviewed by Reuters.<\/p>\n<p>The seven-year notes were being marketed at about 85 basis points over mid-swaps, with the 12-year tranche at about 110 bps over.<\/p>\n<p>HSBC, BNP Paribas, First Abu Dhabi Bank and Societe Generale have been hired to arrange the transaction, which is expected to close later on Thursday.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Abu Dhabi-based telecoms operator Etisalat is set to raise 1 billion euros ($1.2 billion) in dual-tranche bonds on Thursday, a document from one of the banks leading the deal showed. The company plans to raise 500 million euros in seven-year notes and a further 500 million euros with a 12-year maturity, according to the document reviewed by Reuters. The seven-year notes were being marketed at about 85 basis points over mid-swaps, with the 12-year tranche at about 110 bps over. HSBC, BNP Paribas, First Abu Dhabi Bank and Societe Generale have been hired to arrange the transaction, which is expected [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[8],"tags":[],"class_list":["post-798417","post","type-post","status-publish","format-standard","hentry","category-telecom"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/798417","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=798417"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/798417\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=798417"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=798417"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=798417"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}