ADCB set to return to the Kangaroo market for a new multi-tranche deal
- Wednesday, 11 October 2017
Abu Dhabi Commercial Bank (ADCB) (A/A+) revealed plans for a new, multi-tranche Kangaroo transaction on 11 October, to include a five-year tranche in either or both of fixed- or floating-rate format and a 10-year fixed tranche. Initial price talk is 140 basis points area and 175 basis points area respectively, with launch expected “in the near future”.
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