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Abu Dhabi sets initial price guidance for 7-year dollar bonds

  • Citi, First Abu Dhabi Bank, HSBC, JPMorgan and Standard Chartered are joint lead managers and joint bookrunners
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DUBAI: Abu Dhabi on Tuesday gave initial guidance of 70-75 basis points over US Treasuries for seven-year US dollar-denominated bonds expected to price later in the day, a document showed.

Citi, First Abu Dhabi Bank, HSBC, JPMorgan and Standard Chartered are joint lead managers and joint bookrunners, the document from one of the banks showed.

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