First Abu Dhabi Bank gives initial price guidance on green bonds
First Abu Dhabi Bank gave initial price guidance of about 85 basis points over mid-swaps for five-year benchmark euro-denominated green bonds, it said in a document on Thursday.
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Barclays, Deutsche Bank, First Abu Dhabi Bank and Standard Chartered are arranging the deal, which is expected to launch later on Thursday, the document from one of the banks showed.
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