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Prospect News home > News index > List of issuers N > Headlines for National Bank of Abu Dhabi PJSC > News item
Published on 5/18/2010 in the Prospect News Convertibles Daily and Prospect News Liability Management Daily.

National Bank of Abu Dhabi buys back AED 84.21 million convertibles

By Susanna Moon

Chicago, May 18 - National Bank of Abu Dhabi repurchased AED 84.21 million of its outstanding subordinated convertible notes due 2018.

The repurchased convertibles will be due for settlement in May.

After the repurchased convertibles are canceled, there will be AED 1,700,790,000 of the convertibles outstanding.

The bank said on May 12 that it repurchased AED 47.25 million of the convertibles.


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