DUBAI, April 28 (Reuters) - State-owned Abu Dhabi Ports on
Wednesday revised the price guidance for 10-year U.S.
dollar-denominated bonds to 120 basis points (bps) plus or minus
5 bps over mid-swaps, a document showed.
It was tightened from initial guidance of around 145 bps
over mid-swaps after the deal received more than $3.5 billion in
orders, the document issued by one of the banks on the deal
showed. The proceeds will be used for general corporate
purposes.
Citi, First Abu Dhabi Bank, Standard
Chartered, HSBC, Mizuho, Societe
Generale, BNP Paribas, Credit Agricole
and SMBC Nikko are arranging the deal, which
is expected to launch later on Wednesday.
(Reporting by Yousef Saba, editing by Louise Heavens)