{"id":562306,"date":"2023-03-14T11:34:19","date_gmt":"2023-03-14T06:04:19","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=562306"},"modified":"2023-03-14T11:34:19","modified_gmt":"2023-03-14T06:04:19","slug":"adnoc-gas-jumps-25-in-abu-dhabi-after-2-5-billion-ipo","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/adnoc-gas-jumps-25-in-abu-dhabi-after-2-5-billion-ipo\/","title":{"rendered":"Adnoc Gas jumps 25% in Abu Dhabi after $2.5 billion IPO"},"content":{"rendered":"<p>Adnoc Gas, a subsidiary of Abu Dhabi\u2019s main energy company, surged in its trading debut after raising $2.5 billion in the world\u2019s biggest initial public offering this year.<\/p>\n<p>The deal starts what\u2019s likely to be a flurry of listings out of the Gulf, following on from last year\u2019s strong showing.<\/p>\n<p>Shares of Adnoc Gas rose as much as 25% to 2.97 dirhams in early trading in the emirate. The stock priced at 2.37 dirhams per share, roughly the middle of the marketed IPO range, even though investors placed almost $125 billion of orders.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Adnoc Gas, a subsidiary of Abu Dhabi\u2019s main energy company, surged in its trading debut after raising $2.5 billion in the world\u2019s biggest initial public offering this year. The deal starts what\u2019s likely to be a flurry of listings out of the Gulf, following on from last year\u2019s strong showing. Shares of Adnoc Gas rose as much as 25% to 2.97 dirhams in early trading in the emirate. The stock priced at 2.37 dirhams per share, roughly the middle of the marketed IPO range, even though investors placed almost $125 billion of orders.<\/p>\n","protected":false},"author":44,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,219,137],"tags":[],"class_list":["post-562306","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-oil-gas-the-times-of-india","category-the-times-of-india"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/562306","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/44"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=562306"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/562306\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=562306"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=562306"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=562306"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}