BOND SALE: Aabar Investments to Refinance UniCredit Stake

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. [ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view content. ]

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