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Published on 4/11/2013 in the Prospect News Emerging Markets Daily.

New Issue: Abu Dhabi's First Gulf Bank sells CHF 100 million two-year notes at 60 bps over Libor

By Christine Van Dusen

Atlanta, April 11 - Abu Dhabi's First Gulf Bank PJSC sold CHF 100 million two-year notes (A2) at par to yield Libor plus 60 basis points, a market source said.

Deutsche Bank was the bookrunner for the transaction.

Issuer:First Gulf Bank PJSC
Amount:CHF 100 million
Maturity:April 23, 2015
Description:Notes
Bookrunner:Deutsche Bank
Coupon:Libor plus 60 bps
Price:Par
Spread:Libor plus 60 bps
Trade date:April 11
Settlement date:April 23
Rating:Moody's: A2

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