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Prospect News home > News index > List of issuers Tenders > Headlines for 2010 > News item
Published on 7/12/2010 in the Prospect News Convertibles Daily and Prospect News Liability Management Daily.

National Bank of Abu Dhabi buys back AED 49 million more convertibles

By Susanna Moon

Chicago, July 12 - National Bank of Abu Dhabi said it repurchased AED 49 million of its outstanding subordinated convertible notes due 2018.

After the repurchased convertibles are canceled, there will be AED 1,614,290,000 of the convertibles outstanding.

The bank previously announced the repurchase of AED 47.25 million of the convertibles on May 12 and AED 84.21 million of the notes on May 18.


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