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Deal Details

C/PIndustryStatusTicker(s)Issuer(s)Size(m)TranchesRegionDate
IGC
FNCL
PRCD
FAB
First Abu Dhabi Bank PJSC$1,000
1EMEA
Nov 20, 2025
currency
USD
size (m)
1,000.000
maturity
-
type
Fixed Rate Reset
tenor
Perp
call
6.00
registration
Reg S Only
benchmark
YLD
ranking
Additional Tier 1
moody's
Baa3
s&p
-
fitch
-
size description
-
re-open/tap
No
ipt
6.375%-6.50%
ipt-pxd
-
guidance
6.00%-6.125%
spread
-
coupon
5.875%
spread set
-
price
100.00000
yield
5.875%
book size (m)
2,350
peak book (m)
-
x-covered
2.35
book attrition
-
nic
-
billing & delivering
active leads
-
joint leads
ADC, BRC, EMN, FAB, ...
passive leads
-
co-managers
-
coordinating managers
-
book size (m)
2,350
peak book (m)
-
x-covered
2.35
book attrition
-
nic
-
billing & delivering
active leads
-
joint leads
ADC, BRC, EMN, FAB, ...
passive leads
-
co-managers
-
coordinating managers
-
Tranche Comments
Book size: 2350; First Pay: 2026-05-28; Redemption: 2031-05-28; Registration: Reg S Only; Comments: USD1bn PNC6 cpn fxd-rate-reset 5.875% at 100, yld 5.875%. T 3 ⅝ 10/31/30, 99.724 @ 3.686%, T 3 ¾ 10/31/32, 99.231 @ 3.877% (Interp 6yr 3.789%). Reset date: 11/28/2031. Reset Margin: 208.6 bps. Tax Сall: Yes. LEI: 2138002Y3WMK6RZS8H90;

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