Bond Abu Dhabi First Bank 0% ( XS2412097177 ) in USD

Issuer Abu Dhabi First Bank
Market price refresh price now   100 %  ⇌ 
Country  United Arab Emirates
ISIN code  XS2412097177 ( in USD )
Interest rate 0%
Maturity 30/11/2051



Prospectus brochure of the bond First Abu Dhabi Bank XS2412097177 en USD 0%, maturity 30/11/2051


Minimal amount 1 000 000 USD
Total amount 365 000 000 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.

The Bond issued by Abu Dhabi First Bank ( United Arab Emirates ) , in USD, with the ISIN code XS2412097177, pays a coupon of 0% per year.
The coupons are paid 2 times per year and the Bond maturity is 30/11/2051







PU BLIC


(Issuer information)
(Issuer)
First Abu Dhabi Bank PJSC
(Nationality)
Abu Dhabi
(Industry)
Bank

(Bond information)




(Bond name)
First Abu Dhabi Bank PJSC

U.S.$365,000,000 Multi Callable
Zero Coupon Notes due 2051
(Bond code)
F11315

(Short name)
P21FAB2

ISIN
XS2412097177

(Currency)
USD

(Issue date)
30 November 2021

(Pricing date)
16 November 2021

(Tenor)
30 years


USD 365,000,000

(Amount of issuance)
(Issue price)
100


(Fixed)

(Coupon type)
(Floating)
(Zero coupon)

No interest is payable

(Details relating to interest
throughout the life of the notes.
payment)
The notes can be called every 5
years at the accreted price
starting from and including 30
November 2026. The notes,
unless early called prior to
maturity, will be repaid in full by
the issuer by paying
272.65669288% (compounded
at an annual IRR of 3.40%) of
the nominal amount.
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PU BLIC




Not Applicable

(Early redemption)
Callable, non-call 5X5
Make-whole call

N.A.

(Details relating to
redemption)
(Credit rating)



(Rating agency)
Moody's

(Rating)
Aa3


(Pricing information)




(Pricing date)
16 November 2021

(Interest) (A)
3.4000%


USD 30y swap

(Benchmark)

1.8252%

(Benchmark at the pricing
date) (B)

1.5748%

(Interest rate spread) (C)

(A)(B)(C)


(Notes)
N.A.




This statement is provided solely by the Lead Manager; the Taipei Exchange ("the TPEx") is not responsible
for any of the content appearing in the document, and makes no statement regarding its accuracy or
completeness; and the TPEx bears no liability for any loss incurred due to the content of the document as a
whole or any of its parts, or due to any reliance on such content.


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