Media Release:
ADNOC Murban Successfully
Completes Coupon Payments Under its Global Medium Term Note
Program
Abu Dhabi, UAE - March 11, 2025: ADNOC Murban RSC Ltd (ADNOC Murban), the primary debt capital
markets issuing and rated entity for ADNOC Group,
has successfully completed its first coupon
payment for all three tranches of its inaugural offering of notes
under its Global Medium Term Note Program.
This is the first of two coupon
payments to be made annually for the notes. The aggregate coupon
payment amount, maturity and coupon rates for each tranche of the
notes are as follows:
5-year notes
·
Aggregate first coupon payment amount of
$21,250,000.00
·
Matures on September 11, 2029, at a coupon rate of
4.250%
10-year notes
·
Aggregate first coupon payment amount of
$33,750,000.00
·
Matures on September 11, 2034, at a coupon rate of
4.500%
30-year notes
·
Aggregate first coupon payment amount of
$38,437,500.01
·
Matures on September 11, 2054, at a coupon rate of
5.125%
All of the notes are listed on the
International Securities Market of the London Stock Exchange. The
subsequent coupon payment for each note is due on September 11,
2025.
ADNOC Murban is rated "Aa2" by
Moody's Investor Services (Moody's), "AA" by Standard & Poor's
(S&P) and "AA" by Fitch Ratings (Fitch) - aligned with ratings
assigned to ADNOC's shareholder, the Emirate of Abu Dhabi. The
Program has been assigned a provisional rating of "Aa2" by Moody's,
"AA" by S&P and "AA" by Fitch and the notes have been assigned
a rating of "Aa2" by Moody's, "AA" by S&P and "AA" by
Fitch.
About ADNOC
ADNOC is a leading diversified
energy and petrochemicals group wholly owned by the Emirate of Abu
Dhabi. ADNOC's objective is to maximize the value of the Emirate's
vast hydrocarbon reserves through responsible and sustainable
exploration and production to support the United Arab Emirates'
economic growth and diversification. To find out more,
visit: www.adnoc.ae
For media inquiries, please
contact: media@adnoc.ae
For investor inquiries, please contact: IR@adnoc.ae
About ADNOC Murban
ADNOC Murban is the primary debt
capital markets issuing and rated entity for ADNOC Group. ADNOC
Murban is a fully owned subsidiary in the form of a restricted
scope company (RSC), duly incorporated in the Abu Dhabi Global
Market on August 19, 2021.
*** IMPORTANT
INFORMATION
***
This announcement does not
constitute an offer to sell or the solicitation of an offer to buy
the Notes, nor shall there be any sale of the Notes in or into any
jurisdiction where such offer, solicitation or sale would be
unlawful prior to registration or qualification under the
securities laws of any such jurisdiction. Any investment decision
made in connection with the Notes must be based solely on the
information contained in the base offering memorandum in relation
to the Program published on September 2, 2024, and the final terms
in any pricing
statements published in connection with the Notes.
ADNOC Murban has not registered, and
does not intend to register, any portion of the Notes in the United
States under the U.S Securities Act of
1933, or any U.S. state securities laws and
does not intend to conduct a public offering of the Notes in the
United States. Subject to certain exceptions, such
Notes may not be offered,
sold or delivered within the United States or to, or for the
account or benefit of, U.S. persons. There will be no public
offering in the United States.
