NBAD releases 'tight' guidance of 200bp over mid-swaps

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NBAD releases 'tight' guidance of 200bp over mid-swaps

The National Bank of Abu Dhabi has released price guidance on a new five year dollar RegS bond at 200bp area over mid-swaps, which two syndicate officials away from the note said was a tight level for a new deal. Barclays Capital, HSBC, NBAD and UBS are arranging the note.

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