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Published on 7/9/2007 in the Prospect News Emerging Markets Daily.

UAE's First Gulf Bank announced five-year floating-rate issue

By Aaron Hochman-Zimmerman

New York, July 9 - First Gulf Bank plans to sell five-year floating-rate notes (A2/A), according to a market source.

Citigroup, Deutsche Bank and Standard Chartered will act as bookrunners.

First Gulf Bank is an Abu Dhabi, UAE-based commercial and investment bank.


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