Abu Dhabi Commercial Bank (ADCB) is a major commercial bank in the United Arab Emirates, offering a wide range of financial services including retail banking, corporate banking, investment banking, and wealth management to both individuals and corporations.
The financial instrument, a bond identified by ISIN XS1583060931, issued by Abu Dhabi Commercial Bank (ADCB), a prominent financial institution headquartered in the United Arab Emirates and a key player in the regional banking sector providing comprehensive financial services, which was denominated in USD with a total issuance size of USD 230,000,000 and a minimum purchase size of USD 1,000,000, featuring a 0% interest rate and an original maturity date of April 5, 2047, has now successfully reached its maturity and been fully redeemed at its par value of 100%, effectively concluding its single payment obligation.
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