Of Bonds, Homes and Magic Dust [Edition 2]

Summary


BANKERS from Abu Dhabi are doing the rounds in London this week, drumming up support for a $2 billion government bond issue. Their main aim: create a benchmark from which to kickstart the city state's flagging corporate debt markets.

"Abu Dhabi doesn't need money, Abu Dhabi has money," says Philipp Lotter, a senior vice-president for corporate finance at Moody's in Dubai.

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Extract


Of Bonds, Homes and Magic Dust [Edition 2]

The Abu Dhabi government may not want for cash, but companies i...

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