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Published on 3/17/2010 in the Prospect News Emerging Markets Daily.

National Bank of Abu Dhabi talks benchmark dollar bonds at mid-swaps plus 180 to 190 bps

By Paul A. Harris

St. Louis, March 17 - National Bank of Abu Dhabi (Aa3/A+/AA-) talked its benchmark dollar-denominated offering of senior unsecured notes to price at a 180 bps to 190 bps spread to five-year mid-swaps, according to a market source.

The Regulation S deal, which is being led by Bank of America Merrill Lynch, is set to price on Thursday.


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