Bond Abu Dhabi Commerce Bank 0% ( XS2757010173 ) in USD

Issuer Abu Dhabi Commerce Bank
Market price refresh price now   100 %  ▲ 
Country  United Arab Emirates
ISIN code  XS2757010173 ( in USD )
Interest rate 0%
Maturity 06/02/2029



Prospectus brochure of the bond Abu Dhabi Commercial Bank XS2757010173 en USD 0%, maturity 06/02/2029


Minimal amount /
Total amount /
Detailed description 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.

Abu Dhabi Commercial Bank issued a USD-denominated bond (ISIN: XS2757010173) maturing on February 6, 2029, currently trading at 100% of face value, offering a 0% coupon rate with semi-annual payments.









(Issuer information)
(Issuer)
Abu Dhabi Commercial Bank PJSC
(Nationality)
Emirate of Abu Dhabi, United Arab Emirates (UAE)
(Industry)
Financial Industry
(Bond information)




This bond issuance in Formosa

market
Reference bond issuance
overseas in past 3 months
(Bond name)
Abu Dhabi Commercial Bank PJSC
Abu Dhabi Commercial
U.S.$200,000,000 Floating Rate
Bank PJSC U.S.$40,000,000
Notes due February 2029
Floating Rate Notes due
January 2029
(Bond code)
F16607
NA
(Short name)
P24ADCBU1
NA
ISIN
XS2757010173
XS2749550401
(Currency)
USD
USD
(Issue date)
6 February 2024
18 January 2024
(Pricing date)
23 January 2024
10 January 2024
(Tenor)
5Y
5Y

USD 200,000,000
USD 40,000,000
(Amount of issuance)
(Issue price)
100
100

(Fixed)
(Fixed)
(Coupon type)
(Floating)
(Floating)
(Zero coupon)
(Zero coupon)

Interest will be paid quarterly,
Interest will be paid quarterly, payable on
(Details relating to interest
payable on the 18 January, 18
the 6 February, 6 May, 6 August and 6
payment)
April, 18 July and 18 October of
November of each year, commencing on
each year, commencing on the
the 6 May 2024, up to and including the
18 April 2024, up to and
Maturity Date.
including the Maturity Date.

Not Applicable
Not Applicable
(Early redemption)
Callable, non-call X
Callable, non-call X
Optional redemption
Make-whole call
1




Not applicable
Not applicable
(Details relating to
redemption)
(Credit rating)




(Rating agency)
Issuer rating: S&P/Fitch
S&P
Bond rating: S&P
(Rating)
Issuer rating: A/A+
A
Bond rating: A

(Pricing information)




This bond issuance in Formosa
Bond issued overseas in the
market
past 3 month
(Pricing date)
23 January 2024
10 January 2024
(Interest) (A)
O/N SOFR+1.3%
O/N SOFR+1.3%

Compounded Daily SOFR
Compounded Daily SOFR
(Benchmark)

5.345007%
5.345601%
(Benchmark at the pricing
date) (B)

1.3%
1.3%
(Interest rate spread) (C)

(A)(B)(C)


(Notes)









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
2



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.





Abu Dhabi Commercial Bank PJSC U.S.$200,000,000 Floating Rate Notes due February 2029



(Benjamin Lamberg)

100 28 1

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