FAB bucks trend by calling ATI

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FAB bucks trend by calling ATI

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Skyscrapers in Abu Dhabi, United Arab Emirates | Oleg Zhukov/Oleg Zhukov - stock.adobe.com

First Abu Dhabi Bank (FAB) has decided to call an additional tier one deal, the coupon of which was due to drop in its favour. The move goes against the grain of the borrower's Gulf peers.

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