TAQA’s $1.75 Billion Bonds Start Trading on ADX Today
ADX Lists Dual-Tranche TAQA Bonds
ADX welcomes the listing of TAQA’s $1.75 billion dual-tranche bond offering today. The bonds begin trading on the Abu Dhabi Securities Exchange (ADX) on April 30, 2025. TAQA issued the bonds in two parts: conventional and green, priced in October 2024. This listing supports ADX’s role in growing the region’s fixed-income market.
Conventional Bonds Total $900 Million
TAQA’s first tranche includes $900 million in conventional bonds maturing in 2031. These bonds offer a 4.375% coupon rate, paid semi-annually to investors. TAQA will use proceeds from this tranche for general corporate purposes. The company aims to maintain strong liquidity and funding flexibility through this issuance. ADX strengthens its position by hosting such major fixed-income listings.
Green Bonds Worth $850 Million List on ADX
The second tranche comprises $850 million in green bonds with a 2037 maturity. These bonds carry a 4.75% coupon rate and target sustainability-focused investors. TAQA will allocate proceeds to fund and refinance certified green projects. Projects include renewable energy, energy efficiency, and low-carbon initiatives across TAQA’s portfolio. The Abu Dhabi Securities Exchange continues supporting ESG investments through prominent green bond listings.
ADX Grows as a Regional Debt Hub
TAQA’s bond listing enhances the Abu Dhabi Securities Exchange’s reputation as a preferred regional debt capital market. The exchange attracts major issuers through efficient processes and growing investor participation. ADX strengthens the UAE’s financial ecosystem with diversified listings and investment options. TAQA’s return to the Abu Dhabi Securities Exchange reflects strong market confidence in the platform. The exchange remains committed to expanding its bond and sukuk offerings.
Conclusion
TAQA’s $1.75 billion bond listing marks another milestone for the Abu Dhabi Securities Exchange’s fixed-income growth. The exchange supports innovation, ESG goals, and investor access to quality bond instruments.