Dubai Electricity to sell dollar notes due 2016, 2020 in Oct. 11 week

By Christine Van Dusen

Atlanta, Oct. 13 - Dubai Electricity & Water Authority is expected to price its dollar-denominated benchmark-sized offering of six- and 10-year notes during the Oct. 11 week, a market source said Wednesday.

Citigroup, Credit Agricole, National Bank of Abu Dhabi, Standard Chartered and RBS are the bookrunners for the deal, which is being marketed on a roadshow.

Dubai Electricity and Water is a state-owned utility company in the United Arab Emirates.

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