據(jù)彭博社5月10日?qǐng)?bào)道，位于阿布扎比的能源公司Adnoc將在首次公開募股中出售其物流和海運(yùn)部門15%的股份，從而開啟其業(yè)務(wù)今年的第二次上市。

阿布扎比國(guó)家石油公司(Abu Dhabi National Oil Co.)周三在一份聲明中表示，將發(fā)行約11.1億股Adnoc物流服務(wù)公司股份。該公司將于5月16日宣布價(jià)格區(qū)間，并開始接受投資者報(bào)價(jià)，最終定價(jià)定于5月25日，該股預(yù)計(jì)將于6月1日開始交易。

幾個(gè)月前，國(guó)有的Adnoc在其天然氣業(yè)務(wù)上市中籌集了25億美元，這是今年迄今為止全球第二大IPO。在過(guò)去兩年中，該公司還出售了其他一些投資組合業(yè)務(wù)的股份，包括其鉆井部門、化學(xué)品公司Borouge和化肥公司Fertiglobe的股份。

在這些股票發(fā)行之際，波斯灣地區(qū)出現(xiàn)了一股上市熱潮。在全球經(jīng)濟(jì)低迷的背景下，該地區(qū)仍是一個(gè)相對(duì)繁忙的市場(chǎng)。盡管如此，油價(jià)已經(jīng)從去年地緣政治沖突后達(dá)到的高點(diǎn)回落。對(duì)美國(guó)經(jīng)濟(jì)衰退和銀行倒閉的擔(dān)憂，最近給這種大宗商品帶來(lái)了壓力，也對(duì)海灣地區(qū)股市產(chǎn)生了強(qiáng)烈影響。

彭博匯編數(shù)據(jù)顯示，到目前為止，2023年通過(guò)在中東上市的公司籌集了約35億美元，其中大部分在阿布扎比。與去年同期的114億美元相比，這一數(shù)字大幅下降，因?yàn)樯程匕⒗仁袌?chǎng)一直保持平靜，迪拜也沒(méi)有進(jìn)行任何私有化舉措。

業(yè)務(wù)增長(zhǎng)方面

Adnoc執(zhí)行董事Musabbeh al Kaabi周三在彭博電視臺(tái)表示，“現(xiàn)在是創(chuàng)造價(jià)值和實(shí)現(xiàn)增長(zhǎng)的時(shí)候了。此次IPO肯定是面向國(guó)內(nèi)外投資者的，我們對(duì)市場(chǎng)非常有信心”。

Adnoc物流服務(wù)公司計(jì)劃在2023年支付2.6億美元的年度現(xiàn)金股息，并預(yù)計(jì)每年至少增加5%。該公司一直在擴(kuò)大其規(guī)模，以應(yīng)對(duì)國(guó)有企業(yè)業(yè)務(wù)日益增長(zhǎng)的需求，其中期資本支出目標(biāo)為40億至50億美元。

作為Adnoc加強(qiáng)海上石油、天然氣和風(fēng)能業(yè)務(wù)努力的一部分，該公司于7月收購(gòu)了私人擁有的ZMI控股公司，并將其并入其物流部門。包括ZMI在內(nèi)，Adnoc物流服務(wù)公司2022年的未經(jīng)調(diào)整前收入為22.9億美元，調(diào)整后的收益略低于6億美元。

該公司表示，截至2022年12月31日，Adnoc集團(tuán)公司占總銷售額的近四分之三。該公司最近與Adnoc離岸公司簽署了一份為期五年的合同，提供包括港口服務(wù)和倉(cāng)庫(kù)運(yùn)營(yíng)在內(nèi)的綜合物流服務(wù)。

花旗集團(tuán)(Citigroup Inc .)、阿布扎比第一銀行(First Abu Dhabi Bank PJSC)、匯豐控股(HSBC Holdings Plc)和摩根大通(JPMorgan Chase & Co.)被任命為聯(lián)合全球協(xié)調(diào)人和聯(lián)席經(jīng)銷商。阿布扎比商業(yè)銀行(Abu Dhabi Commercial Bank PJSC)、Arqaam Capital Limited、法國(guó)農(nóng)業(yè)信貸銀行(Credit Agricole SA)、EFG-Hermes、國(guó)際證券(International Securities)和法國(guó)興業(yè)銀行(Societe Generale SA)是此次發(fā)行的聯(lián)合主承銷銀行。

王佳晶 摘譯自 彭博社

原文如下：

Adnoc Launches IPO for 15-Percent Stake in Logistics Unit

Abu Dhabi’s main energy company will sell a 15% stake in its logistics and shipping unit in an initial public offering, kicking off the second listing of one of its businesses this year.

Abu Dhabi National Oil Co. will offer about 1.11 billion shares in Adnoc Logistics & Services, it said in a statement on Wednesday. The company will announce the price range and start taking investor orders on May 16, with final pricing slated for May 25. Shares are expected to begin trading June 1.

The sale comes months after state-owned Adnoc raised $2.5 billion in the listing of its gas business, which is the world’s second-biggest IPO of the year so far. The company has also sold stakes in some other portfolio businesses over the past two years — including in its drilling unit, chemicals firm Borouge and fertilizer company Fertiglobe.

Those share sales came amid a rush of listings in the Persian Gulf, which has remained a relatively busy market amid a global slump. Still, oil prices have come off their highs reached last year in the wake of the war. Fears of a recession and bank failures in the US have recently put pressure on the commodity, which strongly influences Gulf stock markets.

about $3.5 billion has been raised so far in 2023 through listings in the Middle East — the bulk of it in Abu Dhabi, data compiled by Bloomberg show. That’s down sharply from the $11.4 billion fetched by this time last year, as markets like Saudi Arabia have remained quiet and there haven’t been any privatizations in Dubai, which helped boost volumes in 2022.

Growth

“It’s a time for creating value and enabling growth,” Musabbeh al Kaabi, executive director at Adnoc, said on Bloomberg Television Wednesday. “The IPO is definitely for local and international investors. We’re very confident about this market here and the region.”

Adnoc Logistics plans to pay an annualized 2023 cash dividend of $260 million and expects to increase this by at least 5% annually. The firm, which has been expanding its fleet to cope with increased demand from the state-owned firm’s businesses, is targeting capital expenditure $4 billion to $5 billion in the medium term.

As part of Adnoc’s efforts to bolster its offshore oil, natural gas and wind businesses, the firm acquired privately-owned ZMI Holdings in July and folded it under its logistics unit. Including ZMI, Adnoc Logistics’ proforma 2022 revenue was $2.29 billion, on adjusted earnings of just under $600 million.

Adnoc Group companies accounted for nearly three-quarters of total sales for the year ended December 31, 2022, the firm said. It recently signed a five-year contract with Adnoc Offshore to provide integrated logistics services including port services and warehouse operations.

Citigroup Inc, First Abu Dhabi Bank PJSC, HSBC Holdings Plc and JPMorgan Chase & Co. have been appointed as joint global coordinators and joint bookrunners. Abu Dhabi Commercial Bank PJSC, Arqaam Capital Limited, Credit Agricole SA, EFG-Hermes, International Securities and Societe Generale SA are joint bookrunners for the offering.