403
Sorry!!
Error! We're sorry, but the page you were looking for doesn't exist.
First Abu Dhabi Bank Gives Initial Guidance For $750M Debt Sale
(MENAFN- Khaleej Times)
The UAE's First Abu Dhabi Bank has given initial price guidance for the sale of $750 million Tier 2 Capital Securities, a document showed on Tuesday.
It gave initial guidance of about 185 basis points over US Treasuries for a 10.5-year debt transaction, non-callable for 5.5 years, the document showed.
The UAE's biggest lender has hired Deutsche Bank, Emirates NBD Capital, First Abu Dhabi Bank, J.P. Morgan and Standard Chartered Bank as joint lead managers and bookrunners for the debt sale, the document added.
Legal Disclaimer:
MENAFN provides the
information “as is” without warranty of any kind. We do not accept
any responsibility or liability for the accuracy, content, images,
videos, licenses, completeness, legality, or reliability of the information
contained in this article. If you have any complaints or copyright
issues related to this article, kindly contact the provider above.
Most popular stories
Market Research
More Story
Comments
No comment