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First Abu Dhabi Bank sells $500mln in Formosa bonds
First Abu Dhabi Bank, the United Arab Emirates' largest lender, last month sold $500 million in privately placed 30-year Formosa bonds which had a 0% coupon. Rula AlQadi, head of group funding at First Abu Dhabi Bank, confirmed the deal, which was earlier reported by Reuters, and said the Formosa…
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