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Abu Dhabi’s Top Bank Follows Dubai Rival to Dollar Bond Market
First Abu Dhabi Bank PJSC followed its Dubai rival to the debt market by starting to market dollar-denominated Islamic bonds on Thursday. Abu Dhabi’s biggest lender opened books on a $500 million five-year sukuk, setting initial price guidance at between 100 and 105 basis points over midswaps, according to a…
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Click here to read the full story: Bloomberg