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Published on 1/7/2013 in the Prospect News Convertibles Daily and Prospect News Liability Management Daily.

National Bank of Abu Dhabi to repurchase AED 808.54 million of U.S. dollar-settled convertibles

By Tali David

Minneapolis, Jan. 7 - The National Bank of Abu Dhabi plans to repurchase all AED 808.54 million of its U.S. dollar-settled subordinated convertible notes due 2018, according to a filing with the London Stock Exchange.

The convertibles will be redeemed on Feb. 28.

The National Bank of Abu Dhabi is a lender.


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