Moody's rates Abu Dhabi Commercial Bank notes A1

Moody's Investors Service said it assigned an A1 long-term debt rating to the subordinated step-up floating-rate notes due 2016 to be issued by United Arab Emirates-based Abu Dhabi Commercial Bank. This rating reflects a one-notch differential from the Aa3 foreign-currency senior debt rating already assigned to the bank, in line with Moody's notching practice for subordinated debt.

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