ADCB gives guidance for senior and sub bonds
Abu Dhabi Commercial Bank has opened books on a dual tranche deal that incorporates both five year senior and 10 year subordinated tier two bonds. Leads have given initial price guidance of 180bp over mid-swaps area and the high 200s, respectively, for the sale, which is expected to start this week.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article:
- ✔ 4,000 annual insights
- ✔ 700+ notes and long-form analyses
- ✔ 4 capital markets databases
- ✔ Daily newsletters across markets and asset classes
- ✔ 2 weekly podcasts