Abu Dhabi's First Gulf talks five-year sukuk at mid-swaps plus 210 bps

By Christine Van Dusen

Atlanta, July 25 - Abu Dhabi's First Gulf Bank PJSC set price talk for its planned benchmark-sized issue of dollar-denominated notes due 2016 (expected ratings: A2//A+) at the mid-swaps plus 210 basis points area, a market source said.

Citigroup, HSBC and Standard Chartered Bank are bookrunners for the Regulation S sukuk.

First Gulf Bank is a lender.

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