Abu Dhabi Commercial Bank has launched a five year 500 million ringgit ($157.2 million) bond issue, it said on Monday, the second bank from the emirate to issue a Malaysian currency bond this year.
In a statement, Kevin Taylor, group treasurer of the bank, said the deal would be a good source of five year funding for the bank.
The bond issue falls under the bank's 3.5 billion ringgit medium-term programme and is being managed by Standard Chartered Bank and RHB Investment Bank."
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