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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 6/10/2015 in the Prospect News Emerging Markets Daily.

National Bank of Abu Dhabi launches $750 million perpetual notes to yield 5¼%; pricing Wednesday

By Christine Van Dusen

Atlanta, June 10 – National Bank of Abu Dhabi PJSC launched a $750 million offering of perpetual notes (expected ratings: Baa3/BBB-) at 5¼%, a market source said.

The notes are expected to price on Wednesday.

Citigroup, HSBC, Morgan Stanley, National Bank of Abu Dhabi and Societe Generale CIB are the bookrunners for the Regulation S deal.

The notes are non-callable for five years.


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