BOND SALE: Aabar Investments to Refinance UniCredit Stake

Posted on 03/24/2015

Aabar Investments PJS, a sovereign wealth enterprise (SWE) of International Petroleum Investment Company (IPIC), is selling a bond worth around €2 billion that can be exchanged for shares of UniCredit SpA. Aabar is taking advantage of market conditions in the world of equity-linked securities to secure long-term financing. Aabar Investments is the biggest shareholder in […]