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Published on 2/2/2022 in the Prospect News Emerging Markets Daily and Prospect News Liability Management Daily.

First Abu Dhabi Bank redeems $26 million zero-coupon notes due 2049

By William Gullotti

Buffalo, N.Y., Feb. 2 – First Abu Dhabi Bank PJSC has called $26 million of its multi-callable zero-coupon notes due Feb. 12, 2049 (ISIN: XS1946762801), according to an announcement on Wednesday.

The notes, issued Feb. 12, 2019, will be redeemed in full on Feb. 2 at 116.309096.

First Abu Dhabi Bank is a lender operating in the United Arab Emirates.


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