Abu Dhabi's Mubadala sells $1 billion in 10-1/2-year bonds

Abu Dhabi sovereign wealth fund Mubadala sold on Tuesday $1 billion in bonds maturing in 10-1/2 years after drawing more than $4.2 billion in orders for the debt sale, a bank document showed.

The bonds launched at 165 basis points (bps) over 10-year U.S. Treasuries from initial guidance of about 200 bps over the same benchmark, the bank document showed.

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