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Abu Dhabi's First Gulf Bank talks $500 million five-year notes at mid-swaps plus 287.5 bps
By Christine Van Dusen
Atlanta, Jan. 10 - Abu Dhabi-based lender First Gulf Bank PJSC set initial price talk for its planned $500 million issue of five-year notes at mid-swaps plus 287.5 basis points, a market source said.
Citigroup, HSBC, National Bank of Abu Dhabi and Standard Chartered are the bookrunners for the sukuk deal.
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