(Bloomberg) — Abu Dhabi is selling its first eurobonds in about three years, as expectations fade that US interest rates will fall soon.
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The oil-rich sheikhdom, which is part of the United Arab Emirates, is offering a dollar deal with tranches of five, 10 and 30 years, according to a person familiar with the matter. The final terms, including the size and yields, may be announced later on Tuesday.
Read: Abu Dhabi Plans Eurobond Sale to Join Emerging-Market Debt Rush
Abu Dhabi, rated at the third-highest investment grade by the three major agencies, is tapping markets…
