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uMkhonto we Sizwe Exclusive following Jacob Zumas IEC Ruling.

uMkhonto we Sizwe Exclusive following Jacob Zumas IEC Ruling.

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    First Abu Dhabi Bank starts selling 5-year debt - IFR

    The UAE's largest lender First Abu Dhabi Bank has given initial price guidance at 120 basis points over US Treasuries for its five-year benchmark-sized debt issuance, fixed income news service, IFR reported on Wednesday, 21 February 2024.
    Source:
    Source: Pexels

    The UAE lender has hired Citi, First Abu Dhabi Bank, HSBC, ICBC Dubai, Societe Generale and Standard Chartered Bank as joint lead managers and bookrunners for the debt sale, IFR said.

    The debt is expected to be priced later in the day, IFR added.

    Source: Reuters

    Reuters, the news and media division of Thomson Reuters, is the world's largest multimedia news provider, reaching billions of people worldwide every day.

    Go to: https://www.reuters.com/
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