Mubadala Investment approves $1.5bn bond issue

Abu Dhabi – Mubasher: Mubadala Investment Company's board approved on Tuesday, 11 April, the issue of new debt bonds amounting to $1.5 billion (AED 5.51 billion) by Mubadala Development, according to a statement.

The board also approved the budget and work plan for 2017.

The company reported profits of AED 3.3 billion in 2016, up 175% from AED 1.2 billion in 2015.

Mubasher Contribution Time: 12-Apr-2017 06:43 (GMT)
Mubasher Last Update Time: 12-Apr-2017 07:21 (GMT)