Thursday, February 14, 2013

ADCB to kick off bond roadshows Feb. 18


Abu Dhabi Commercial Bank , the United Arab Emirates' third-largest lender by market value, plans to begin investor meetings ahead of a potential dollar-denominated bond on Feb. 18, arranging banks said on Thursday.

The UAE lender said earlier this week it had mandated lead arrangers for the issue, which would be benchmark-sized, understood to mean at least $500 million.

Roadshows, which begin in Geneva, Switzerland, will also take place in London and Hong Kong, before concluding in Singapore on Feb 25, according to the roadshow schedule seen by Reuters.

Read more: http://thepeninsulaqatar.com/latest-news/225681-uae-lender-adcb-to-kick-off-bond-roadshows-feb-18.html

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