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NBAD plans 500 mln Ringgit sale of Islamic notes

Posted on 15 December 2010

From Bloomberg: National Bank of Abu Dhabi PJSC hired HSBC Holdings Plc, Maybank Investment Bank Bhd. and Royal Bank of Scotland Group Plc to help it sell 500 million ringgit ($160 million) of 10-year Islamic notes.
The securities will be issued under the bank’s 3 billion ringgit senior unsecured medium-term note program established in May, Mahmood Al Aradi, general manager for financial markets, said an e-mailed response to questions……………………………………….Full Article: Source

 
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Laxman - who has written 19163 posts on Opalesque Islamic Finance Briefing.


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