National Bank of Abu Dhabi establishes Euro MTN shelf

09 Dec 2005

The National Bank of Abu Dhabi signed its $5bn EuroMTN programme on Monday. The borrower swiftly used it, issuing a $850m five year floating rate note on Wednesday — the biggest FRN issued so far in the Middle East.
The ticket was priced at 30bp over three month Libor, ...

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