First Abu Dhabi Bank raises $600mln via bonds - document
First Abu Dhabi Bank sold $600 million in senior unsecured bonds maturing in 5-1/4 years, a bank document showed on Wednesday.
FAB sold the bonds at a spread of 105 basis points (bps) over U.S. Treasuries from initial guidance of around 130 bps over the same benchmark after demand topped $1.45 billion, the document showed.
Citi, Emirates NBD, FAB, HSBC and Standard Chartered are joint lead managers and bookrunners on the debt sale.
No comments:
Post a Comment