The Arab Energy Fund (TAEF), formerly known as the Arab Petroleum Investments Corporation, mandated banks to arrange investor calls yesterday, paving
A benchmark, five-year Regulation-S offering is expected to follow, subject to market conditions, according to a source familiar with the deal.
TAEF, a multilateral impact investor established in 1975, is backed by 10 Arab governments: Saudi Arabia, Kuwait, the UAE, Libya, Qatar, Iraq, Algeria, Egypt, Bahrain, and Syria .
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