By Rebecca Melvin
New York, March 3 – First Abu Dhabi Bank PJSC issued $35 million of five-year floating-rate notes (AA-) at par on Tuesday with an interest rate of Libor plus 77 basis points, according to filings with the London Stock Exchange.
The Regulation S notes were priced under the bank’s $15 billion euro medium-term note program.
First Abu Dhabi Bank is a lender operating in the United Arab Emirates.
| Issuer: | First Abu Dhabi Bank PJSC
|
| Issue: | Floating-rate notes (series 73)
|
| Amount: | $35 million
|
| Maturity: | March 3, 2025
|
| Coupon: | Libor plus 77 bps
|
| Price: | Par
|
| Yield: | Libor plus 77 bps
|
| Call option: | None
|
| Put option: | None
|
| Pricing date: | Feb. 27
|
| Issue date: | March 3
|
| Distribution: | Regulation S
|
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