NBAD issues Dhs2bn floating rate
United Arab Emirates: Saturday, February 09 - 2008 at 16:39
National Bank of Abu Dhabi has launched its Dhs2bn settled floating rate subordinated convertible notes due 2018. The Notes are being marketed to investors with a floating rate coupon and will only be convertible into the ordinary shares of NBAD during the first 5 years after issue.
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Medilyn Manibo, Assistant News EditorSaturday, February 09 - 2008 at 16:39 UAE local time (GMT+4)
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