Categories: Business

Nasdaq Dubai welcomes United Terra Enterprises PLC’s debut listing of $150 million bond

DUBAI, 12th February, 2026 (WAM) — Nasdaq Dubai welcomed the secondary listing of a US$150 million bond issued by United Terra Enterprises PLC, an energy company with a diversified portfolio of conventional and renewable energy projects, marking the issuer’s first listing on the exchange.

The senior unsecured notes mature on 10th September 2030 and carry an interest rate of 11.5 percent per annum, payable semi-annually.

The bonds are assigned ISIN USH8969NAA12 and are admitted to trading on Nasdaq Dubai, with settlement through international clearing systems including Euroclear, Clearstream Banking and The Depository Trust Company (DTC).

To commemorate the listing, Peter Krempin, CEO of United Terra, rang the market-opening bell at Nasdaq Dubai, in the presence of Hamed Ali, CEO of Nasdaq Dubai and Dubai Financial Market (DFM), and senior representatives from both organisations.

“The listing of the Bonds on Nasdaq Dubai represents a significant milestone for the Company. As a secondary listing, alongside Frankfurt, it enhances the visibility of the United Terra Enterprises and its listings across two leading global financial centres, further strengthening our international market presence,” Krempin stated.

Ali said, “United Terra Enterprises PLC’s debut listing underscores the sustained appetite among international issuers for Nasdaq Dubai’s debt capital markets. Our platform continues to support a diverse range of fixed income instruments, offering issuers efficient access to deep regional and global investor pools, supported by a robust regulatory framework and international settlement standards.”

With this listing, the total outstanding value of debt securities listed on Nasdaq Dubai now exceeds $146.9 billion, underscoring the exchange’s continued growth as a leading international hub for fixed income listings.

Share this post:
wetelacademy@gmail.com

Share
Published by
wetelacademy@gmail.com

Recent Posts

Bodour Al Qasimi reviews progress of Al Bait Al Westi

SHARJAH, 12th February, 2026 (WAM) -- H.H. Sheikha Bodour bint Sultan Al Qasimi, Chairperson of…

16 minutes ago

CapitaLand Investment opens office at Dubai International Financial Centre

DUBAI, 12th February, 2026 (WAM) -- Dubai International Financial Centre (DIFC) has welcomed CapitaLand Investment…

2 hours ago

Nasdaq Dubai welcomes United Terra Enterprises PLC’s debut listing of $150 million bond

DUBAI, 12th February, 2026 (WAM) -- Nasdaq Dubai welcomed the secondary listing of a US$150…

2 hours ago

GPSSA Board reviews 2025 achievements, approves AI-driven strategy

ABU DHABI, 12th February, 2026 (WAM) -- The Board of Directors of the General Pension…

3 hours ago

Theyab bin Mohamed bin Zayed attends Open Masters Games Abu Dhabi 2026

ABU DHABI, 12th February, 2026 (WAM) -- H.H. Sheikh Theyab bin Mohamed bin Zayed Al…

4 hours ago

Theyab bin Mohamed bin Zayed attends Open Masters Games Abu Dhabi 2026

ABU DHABI, 12th February, 2026 (WAM) -- H.H. Sheikh Theyab bin Mohamed bin Zayed Al…

4 hours ago