Taqa Abu Dhabi National Energy launches $1.5 bln notes

NEW YORK, July 24 (Reuters) - Taqa Abu Dhabi National Energy TAQA.AD launched $1.5 billion of global notes in a two-part sale, with pricing expected later on Thursday, said International Financing Review.

The offering includes a $1 billion five-year issue and a $500 million 10-year issue, both expected to yield 3.25 percentage points over U.S. Treasuries.

The sale had included a 30-year bond issue, but was dropped from the offering, said IFR, a Thomson Reuters publication.

The joint lead managers on the sale are Barclays Capital, NBAD and RBS Greenwich Capital. (Reporting by Caryn Trokie; Editing by Tom Hals)