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Bahrain's Arab Banking buys back $56.4 million floaters due 2017
By Angela McDaniels
Tacoma, Wash., July 6 - Arab Banking Corp. said it repurchased $56.4 million principal amount of its floating-rate notes due April 4, 2017.
The repurchase was made on June 30 and leaves $443.6 million principal amount of notes outstanding, according to a bank news release.
Arab Banking is an offshore commercial bank based in Manama, Kingdom of Bahrain.
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