Bond Abu Dhabi First Bank 0% ( XS2288097210 ) in USD

Issuer Abu Dhabi First Bank
Market price 100 %  ⇌ 
Country  United Arab Emirates
ISIN code  XS2288097210 ( in USD )
Interest rate 0%
Maturity 19/01/2026 - Bond has expired



Prospectus brochure of the bond First Abu Dhabi Bank XS2288097210 in USD 0%, expired


Minimal amount 200 000 USD
Total amount 20 000 000 USD
Detailed description First Abu Dhabi Bank (FAB) is a leading universal bank in the UAE, offering a wide range of financial services including corporate and investment banking, retail banking, and wealth management.

First Abu Dhabi Bank issued a USD 20,000,000 bond (ISIN: XS2288097210) maturing January 19, 2026, with a 0% coupon rate, a minimum trading size of USD 200,000, and a semi-annual payment frequency, currently trading at 100%.









PROHIBITION OF SALES TO EEA AND UNITED KINGDOM RETAIL INVESTORS - The
Notes are not intended to be offered, sold or otherwise made available to and should not be offered,
sold or otherwise made available to any retail investor in the European Economic Area ("EEA") or in
the United Kingdom. For these purposes, a retail investor means a person who is one (or more) of: (i) a
retail client as defined in point (11) of Article 4(1) of Directive 2014/65/EU (as amended, "MiFID II");
or (ii) a customer within the meaning of Directive (EU) 2016/97 (the "Insurance Distribution
Directive"), where that customer would not qualify as a professional client as defined in point (10) of
Article 4(1) of MiFID II; or (iii) not a qualified investor as defined in the Prospectus Regulation.
Consequently, no key information document required by Regulation (EU) No 1286/2014 (as amended,
the "PRIIPs Regulation") for offering or selling the Notes or otherwise making them available to retail
investors in the EEA or in the United Kingdom has been prepared and therefore offering or selling the
Notes or otherwise making them available to any retail investor in the EEA or in the United Kingdom
may be unlawful under the PRIIPs Regulation.
FINAL TERMS
Final Terms dated 14 January 2021
First Abu Dhabi Bank PJSC
Legal entity identifier (LEI): 2138002Y3WMK6RZS8H90
Issue of U.S.$ 20,000,000 Floating Rate Notes due January 2026
under the U.S.$15,000,000,000
Euro Medium Term Note Programme
PART A ­ CONTRACTUAL TERMS
Terms used herein shall be deemed to be defined as such for the purposes of the Conditions set forth in
the Base Prospectus dated 16 July 2020, the supplemental Base Prospectus dated 29 July 2020 and the
supplemental Base Prospectus dated 27 October 2020 which together constitute a base prospectus (the
"Base Prospectus") for the purposes of Regulation (EU) 2017/1129 (the "Prospectus Regulation").
This document constitutes the Final Terms relating to the issue of Notes described herein for the
purposes of the Prospectus Regulation and must be read in conjunction with the Base Prospectus and
its supplements in order to obtain all the relevant information.
The Base Prospectus and the supplemental Base Prospectus are available for viewing at the market
news
section
of
the
London
Stock
Exchange
website
(http://www.londonstockexchange.com/exchange/news/market-news/market-news-home.html)
and
during normal business hours at the registered offices of the Bank at FAB Building, Khalifa Business
Park ­ Al Qurm District, P.O. Box 6316, Abu Dhabi, United Arab Emirates and the Fiscal Agent at
Citigroup Centre, Canada Square, Canary Wharf, London, E14 5LB, United Kingdom.

1.
Issuer:
First Abu Dhabi Bank PJSC
2.
(i)
Series Number:
97
(ii)
Tranche Number:
1





(iii)
Date on which the Notes Not Applicable
become fungible:
3.
Specified Currency or Currencies:
U.S. dollar ("U.S.$")
4.
Aggregate Nominal Amount:

(i)
Series:
U.S.$20,000,000
(ii)
Tranche:
U.S.$20,000,000
5.
Issue Price:
100 per cent. of the Aggregate Nominal Amount
6.
(i)
Specified Denominations:
U.S.$200,000
(ii)
Calculation Amount:
U.S.$200,000
7.
(i)
Issue Date:
19 January 2021
(ii)
Interest Commencement Date:
Issue Date
8.
Maturity Date:
19 January 2026
9.
Interest Basis:
3 month U.S.$ LIBOR + 0.85 per cent. Floating
Rate
10.
Redemption/Payment Basis:
Subject to any purchase and cancellation or early
redemption, the Notes will be redeemed on the
Maturity Date at 100 per cent. of their nominal
amount.
11.
Change of Interest or
Not Applicable
Redemption/Payment Basis:
12.
Put/Call Options:
Not Applicable
13.
(i)
Status of the Notes:
Senior
(ii)
Date Board approval for Not Applicable
issuance of Notes obtained:
(iii)
Date UAE Central Bank Not Applicable
approval for issuance of
Subordinated Notes obtained:







PROVISIONS RELATING TO INTEREST (IF ANY) PAYABLE
14.
Fixed Rate Note Provisions
Not Applicable
15.
Floating Rate Note Provisions
Applicable

(i)
Specified Period:
Quarterly

(ii)
Specified Interest Payment 19 January, 19 April, 19 July and 19 October
Dates:
commencing on 19 April 2021, up to and
including the Maturity Date, subject to
adjustment in accordance with the Business Day
Convention set out in (iv) below

(iii)
First Interest Payment Date:
Specified Interest Payment Date falling on or
nearest to 19 April 2021

(iv)
Business Day Convention:
Modified Following Business Day Convention

(v)
Additional Business Centre(s):
London and New York

(vi)
Manner in which the Rate(s) of Screen Rate Determination
Interest is/are to be determined:

(vii)
Party responsible for calculating Not Applicable
the Rate(s) of Interest and
Interest Amount(s) (if not the
Fiscal Agent):

(viii) Screen Rate Determination not Applicable
Referencing SOFR or SONIA:


Reference Rate:
3 month U.S.$ LIBOR

Interest
Determination Two London business days prior to the first day
Date(s):
of any Interest Period

Relevant Screen Page:
Reuters Screen LIBOR01

Relevant Time:
11:00 a.m. London time

Relevant Financial Centre:
London

(ix)
Screen Rate Determination Not Applicable
Referencing SOFR or SONIA:

(x)
ISDA Determination:
Not Applicable

(xi)
Margin(s):
+0.85 per cent. per annum

(xii)
Minimum Rate of Interest:
Not Applicable

(xiii) Maximum Rate of Interest:
Not Applicable






(xiv) Day Count Fraction:
Actual/360 with the Calculation period being
subject to adjustment in accordance with the
Business Convention set out in (iv) above

(xv)
Fallback provisions, rounding Not Applicable
provisions, denominator and
any other terms relating to the
method of calculating interest
on Floating Rate Notes which
are Exempt Notes, if different
from those set out in the
Conditions:

(xvi) Linear Interpolation:
Not Applicable

(xvii) Benchmark Replacement fall Condition 8(g)(2) (ARRC) is applicable
back:
16.
Zero Coupon Note Provisions
Not Applicable
PROVISIONS RELATING TO REDEMPTION
17.
Call Option
Not Applicable
18.
Put Option
Not Applicable
19.
Final Redemption Amount of each 100 per cent. of their nominal amount
Note
20.
Early Redemption Amount
Applicable
Early Redemption Amount(s) of each U.S.$200,000 per Calculation Amount
Note payable on redemption for taxation
reasons or on event of default:
GENERAL PROVISIONS APPLICABLE TO THE NOTES
21.
Form of Notes:
Bearer Notes:

Temporary Global Note exchangeable for a
Permanent Global Note which is exchangeable
for Definitive Notes in the limited circumstances
specified in the Permanent Global Note.
22.
Additional Financial Centre(s):
New York and London
23.
Talons for future Coupons or Receipts to No
be attached to Definitive Notes (and
dates on which such Talons mature):
24.
RMB Settlement Centre(s):
Not Applicable
25.
RMB Currency Event:
Not Applicable





26.
Relevant Currency for Condition Not Applicable
11(k)/12(d):
27.
Relevant Spot Rate Screen Pages for Not Applicable
Condition 11(k)/12(d):
28.
Party responsible for calculating the Not Applicable
Spot Rate for Condition 11(k)/12(d):
29.
THIRD PARTY INFORMATION
Not Applicable













PART B ­ OTHER INFORMATION
1. L

ISTING

(i)
Listing and admission to trading:
Application is expected to be made by the Issuer
(or on its behalf) for the Notes to be admitted to
trading on the London Stock Exchange with effect
from Issue Date.
(ii)
Estimate of total expenses related GBP 445
to admission to trading:
2.
RATINGS

Ratings:
The Notes to be issued are expected to be rated


S&P: AA-


3.
INTERESTS OF NATURAL AND LEGAL PERSONS INVOLVED IN THE
ISSUE/OFFER

Save for any fees payable to the Dealer, so far as the Bank is aware, no person involved in the
issue of the Notes has an interest material to the offer. The Dealer and its affiliates have engaged,
and may in the future engage, in investment banking and/or commercial banking transactions
with, and may perform other services for, the Bank and its affiliates in the ordinary course of
business for which they may receive fees.
4.
REASON FOR THE OFFER

General corporate purposes.

5.
ESTIMATED NET PROCEEDS


U.S.$ 20,000,000

6.
U.S. SELLING RESTRICTIONS
Regulation S Compliance Category 2; TEFRA
applicable
7.
OPERATIONAL INFORMATION

ISIN:
XS2288097210
Common Code:
228809721

CFI:
See the website of the Association of National
Numbering Agencies (ANNA) or alternatively
sourced from the responsible National
Numbering Agency that assigned the ISIN

FISN:





See the website of the Association of National
Numbering Agencies (ANNA) or alternatively
sourced from the responsible National
Numbering Agency that assigned the ISIN
Names and addresses of additional Paying Not Applicable
Agent(s) (if any):

Any clearing system(s) other than Not Applicable
Euroclear Bank SA/NV and Clearstream
Banking S.A. and the relevant addressees
and identification number(s):

Delivery:
Delivery against payment
8.
DISTRIBUTION


(i)
Method of distribution:
Non-syndicated

(A)
If syndicated, names of Not Applicable
Managers:

(B)
Stabilisation Manager(s) Not Applicable
(if any):

(ii)
Prohibition of Sales to EEA and Applicable
United Kingdom Retail Investors:

(iii)
If non-syndicated, name of Citigroup Global Markets Limited
relevant Dealer: