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First Abu Dhabi Bank plans to raise $750m in sukuk
First Abu Dhabi Bank, the largest lender in the United Arab Emirates, is expected to raise $750 million in Islamic bonds, according to a document issued by one of the banks leading the deal. The five-year sukuk offer buyers 130 basis points over mid-swaps, 20 basis points below the indicative…
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Click here to read the full story: Gulf Business