Abu Dhabi National Energy Company (TAQA) has launched a dual-tranche US dollar-denominated green bond offering under Rule 144A and Regulation S formats, according to market reports on October 19, 2026.
The Abu Dhabi-listed utility has released initial price thoughts (IPTs) for a long five-year tranche at around 130 basis points over US Treasuries. The dual-tranche issuance also includes a 10-year benchmark tranche.
Proceeds from the five-year tranche are earmarked to finance eligible green projects under the utility's sustainable finance framework. The senior unsecured notes are slated for listing on the London Stock Exchange Main Market.
A pre-stabilisation announcement confirmed that the stabilisation period commenced on October 19, 2026, and is scheduled to conclude no later than November 19, 2026, with an over-allotment facility capped at 5% of the total nominal amount.
Sources
- TradingView · 2026-10-19
