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FGB to issue 5-yr bond 'soon'

  • United Arab Emirates: Tuesday, October 02 - 2012 at 01:18

Abu Dhabi's First Gulf Bank (FGB) plans to issue a five-year, benchmark-sized dollar-denominated bond imminently, Reuters has reported, citing arranging banks. Citi, National Bank of Abu Dhabi, HSBC, Standard Chartered and Deutsche Bank are arranging the deal. Benchmark-sized is understood to mean at least $500m.

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