Correction: First Abu Dhabi Bank to redeem 2049 notes on Feb. 12

A story in the Feb. 3 edition of the Prospect News Emerging Markets Daily and Prospect News Liability Management Daily incorrectly reported the redemption date for First Abu Dhabi Bank’s zero-coupon notes due 2049. A corrected version of the story follows:

Los Angeles, Feb. 3 – First Abu Dhabi Bank PJSC called its $26 million of zero-coupon notes due Feb. 12, 2049 (ISIN: XS1946762801) for redemption, according to an announcement on Wednesday.

The notes will be redeemed in full on Feb. 12 at 116.309096.

The notes were originally issued Feb. 12, 2019.

First Abu Dhabi Bank is a lender operating in the United Arab Emirates.

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