Mubadala considering $1.25bn bond issue
Abu Dhabi’s state fund, Mubadala has said it is considering whether to issue a new bond when a $1.25bn issue matures in May, Reuters has reported. The maturity is part of a $1.75bn, two-tranche bond which the fund sold in 2009, with the remaining $500m set to mature in 2019. “As with any debt maturity within the Mubadala group, we are currently assessing options for the May 2014 $1.25bn bond maturity,” a spokesperson told the news service. The only other time Mubadala has publicly sold debt was in April 2011, when it sold a $1.5bn, two-part bond.