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UAE’s NBAD Picks Banks For Five-Year Aussie Bond-IFR
National Bank of Abu Dhabi, the emirate’s largest lender, has mandated four banks to arrange a five-year bond denominated in Australian dollars. The lender has picked ANZ, Citigroup, HSBC and itself to arrange the Kangaroo bond. NBAD, rated Aa3/AA-/AA-, issued only the second Kangaroo bond from a Middle Eastern issuer…
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