Google+ Followers

Thursday, 10 August 2017

Abu Dhabi’s Union National Bank updating bond programme - sources

Abu Dhabi’s Union National Bank updating bond programme - sources:

"Abu Dhabi’s Union National Bank (UNB) is updating its bond programme and could issue a U.S. dollar-denominated bond after that, banking sources said on Thursday.

The lender, majority-owned by the government, is updating a Euro Medium Term Note (EMTN) programme, a set of documentation allowing repeat bond issuance over time, said the sources, who spoke on condition of anonymity as the information is private.

It has not yet appointed banks for the exercise and the timing of the potential bond issue is still uncertain."



'via Blog this'