Oldest DIFC-Based Oil Trading Company, Translux Limited, Prepares to List a USD 20 Million Bond on AIX as Part of a Strategic Capital Markets Expansion Plan

Translux Limited, a Dubai International Financial Centre (DIFC)-registered marine bunkering company, has entered the final stage of documentation in preparation for its planned listing of USD-denominated bonds on the Astana International Exchange (AIX). The three-year issuance will feature a 14% annual coupon and represents an important milestone in the company’s structured approach to capital markets financing and building a public track record, as part of preparations for a potential IPO in the coming years. With more than 20 years of operating history, Translux is one of the longest-established companies within DIFC. Throughout its history, Translux has remained profitable and has … Continue reading Oldest DIFC-Based Oil Trading Company, Translux Limited, Prepares to List a USD 20 Million Bond on AIX as Part of a Strategic Capital Markets Expansion Plan