ZAWYA: Abu Dhabi’s FAB mandates 3-year Euro green benchmark; IPTs out

Zawya
2026.06.18 08:26
portai
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First Abu Dhabi Bank (FAB) is marketing a three-year Euro green benchmark senior unsecured issuance, with IPTs at mid-swap plus 100-105 bps. The offering, under FAB’s $20 billion EMTN programme, expects a rating in line with the bank's Aa3/AA-. Net proceeds will fund 'Green' projects per FAB’s Sustainable Finance Framework. Joint lead managers include BBVA, HSBC, ICBC, Societe Generale, and Standard Chartered. Listing on the London Stock Exchange Main Market is expected.