November 29, 2023

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First Abu Dhabi Financial institution set to lift $500 million with inexperienced bonds

1 min read

FAB, the UAE’s greatest lender, is inexperienced structuring agent and is joined by Citi, Credit score Agricole, HSBC and Customary Chartered as joint lead managers and bookrunners.

FAB final offered inexperienced bonds in October in a $700 million deal.

It has additionally raised $1.6 billion by three public debt gross sales this 12 months, together with two gross sales of Islamic bonds often known as sukuk and a sale of standard bonds.

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