Tuesday 29 July 2014
 
»
 
»
Story

FGB sets price guidance for 5-year bond

Abu Dhabi, November 9, 2010

Price guidance for the five year benchmark dollar bond issue by Abu Dhabi's First Gulf Bank is at 250 basis points over midswaps, a source at an arranging bank said on Tuesday. The deal is expected to price this week.

FGB hired HSBC, Citi, BNP Paribas, Deutsche Bank and National Bank of Abu Dhabi.

Gulf banks have jumped on the new issue flurry from the region in recent weeks, and Saudi British Bank and Qatar National Bank are also expected to print deals this week.-Reuters




Tags: abu dhabi | First Gulf Bank | benchmark | dollar bond |

More Finance & Capital Market Stories

calendarCalendar of Events

Ads

Buy high quality China wholesale Health & Beauty , Electronics, Sports & Outdoors , Computers, Video Games, Toys & Hobbies Cell Phones, Automobiles and other wholesale products directly from reliable Chinese wholesalers or Factories on DHgate.com