Abu Dhabi National Oil Delays Bond Sale as Credit Markets Wobble

Abu Dhabi National Oil Co., the United Arab Emirates’ biggest oil producer, is delaying its planned debut dim sum bond offering, according to people familiar with the matter, as the Middle East crisis stokes volatility across markets.

Adnoc had been looking for the right time window to secure lower borrowing costs, but the process has been paused, with further discussions pending, the people said. It’s common for borrowers to watch market conditions and adjust plans accordingly, and the sale could still move forward when conditions warrant.