News Abu Dhabi’s Mubadala hires banks for debut 10-year sukuk, document says

RIYADH: Abu Dhabi sovereign wealth fund Mubadala Investment Co. has picked banks for its debut 10-year sukuk, a document seen by Reuters on Monday showed.

Mubadala, through its unit Mamoura Diversified Global Holding, has appointed ADCB, First Abu Dhabi Bank and HSBC as joint global coordinators, while ADIB, BOFA Securities, and Citi are working on the deal as joint lead managers and bookrunners along with Emirates NBD Capital, MUFG and Standard Chartered Bank.

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