Deutsche Bank to be Issuing and Paying Agent for Tourism Development & Investment Company
Deutsche Bank has announced its appointment as issuing and paying agent for the debut global medium term note (GMTN) programme of Tourism Development & Investment Company (TDIC), a developer of tourism real estate assets within Abu Dhabi. The company is charged with assisting the provision of a world-class infrastructure that will fulfil the emirate’s ambitions of becoming a global destination of distinction.
Andrew Leamon, director of global debt services (GDS) at Deutsche Bank in Dubai, said: “We are very pleased to have been selected by TDIC as issuing and paying agent for their debut GMTN programme. This is the second GMTN programme we have been appointed to manage this year by an Abu Dhabi based entity.”