Tuesday 1 November 2011

Abu Dhabi's UNB sets guidance for 5-yr bond - leads | Reuters

Abu Dhabi's Union National Bank has released price guidance of 287.5 basis points over midswaps area for a five-year benchmark-sized bond, a document from lead managers said on Tuesday.

The dollar-denominated offering would price as early as today or tomorrow, the leads said.

Citigroup , Deutsche Bank , HSBC , National Bank of Abu Dhabi and Standard Chartered are lead managers for the bond.

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