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ADCB re- opens T2 market for local issuers

Abu Dhabi Commercial Bank PJSC on 26 February priced the first 2013 trade for any UAE bank in the Reg S US dollar bond market (benchmark 5 year senior unsecured notes) and the first ever 10 year bullet subordinated debt Tier II transaction in the history of UAE banks. ADCB…

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Source: Abu Dhabi Commercial Bank

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