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Published on 3/26/2012 in the Prospect News Convertibles Daily and Prospect News Liability Management Daily.

National Bank of Abu Dhabi buys back AED 11.3 million convertibles

By Tali David

Minneapolis, March 26 - The National Bank of Abu Dhabi repurchased AED 11.3 million of its NBAD 2018 subordinated convertible notes during the month of March, according to a filing with the London Stock Exchange.

The lender reduced the outstanding balance of the notes to AED 1.03 billion.


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