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$465 million convertible bonds issued by National Bank of Abu Dhabi
Abu Dhabi: National Bank of Abu Dhabi, Abu Dhabi’s biggest lender by assets said yesterday it has issued $465 million senior unsecured convertible bonds, convertible into ordinary shares of NBAD. The issue was more than three times oversubscribed. “The offering, due in 2018, was increased from an initial amount of…
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Click here to read the full story: Gulf News