By Reshmi Basu
New York, Feb. 15 - National Bank of Abu Dhabi placed a CHF 150 million offering of three-year floating-rate notes (Aa3/A/A+) at 100.05 with a coupon of three-month Libor plus 10 basis points, according to a market source.
UBS Investment Bank was the bookrunner for the deal, which was issued under the bank's euro medium-term note program.
The issuer is a commercial bank based in Abu Dhabi, United Arab Emirates.
Issuer: | National Bank of Abu Dhabi
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Amount: | CHF 150 million
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Issue: | Floating-rate notes
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Maturity: | March 15, 2010
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Coupon: | Three-month Libor plus 10 basis points
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Issue price: | 100.05
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Bookrunner: | UBS Investment Bank
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Pricing date: | Feb. 15
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Settlement date: | March 15
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Ratings: | Moody's: Aa3
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| Standard & Poor's: A
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| Fitch: A+
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