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ADCB sells $544m bonds
- United Arab Emirates: Saturday, December 01 - 2007 at 07:56
The Standard Chartered Bank (StanChart) has arranged the sale of $544m worth of bonds for the Abu Dhabi Commercial Bank (ADCB). The two year notes were well distributed, with Middle Eastern investors taking 60%. Earlier this year, StanChart arranged reverse enquiry trades, with varying maturities, again totalling over $544m for the ADCB.
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Jonathan Sheikh-Miller, Deputy EditorSaturday, December 01 - 2007 at 07:56 UAE local time (GMT+4)
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