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Latest News

Dubai’s DEWA to hold bond roadshow next week-arranger

The meetings will take place in London, New York and Boston.


October 7, 2010 1:51 by

Dubai Electricity and Water Authority (DEWA) will hold fixed income investor roadshows in London starting Oct 11, a source at one of the arrangers said on Wednesday.

Citi, Credit Agricole, CIB, National Bank of Abu Dhabi, Standard Chartered Bank and the Royal Bank of Scotland are arranging the roadshows, the source added.

The meetings will take place in London, New York and Boston.

State-owned DEWA issued a $1 billion five-year bond in April.

Dubai issued a $1.25 billion bond last week, its first since a debt crisis last year.

(Reporting by Carolyn Cohn; editing by Sebastian Tong)


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