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Abu Dhabi Commercial Bank comes to market with dollar AT1 securities
Chicago, Nov. 20 – Abu Dhabi Commercial Bank PJSC is in the dollar market with a benchmark offering of additional tier 1 capital securities, according to an announcement.
The perpetual notes will have 5.5 years of call protection.
J.P. Morgan Securities plc, Abu Dhabi Commercial Bank, Barclays, Deutsche Bank, Emirates NBD Capital, First Abu Dhabi Bank, Mashreq and Mizuho are the bookrunners.
The notes will be listed in Dublin.
The lender is based in Abu Dhabi.
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