Commentary & Deal Flow

Reoffer: Long 3yr: MS+75bp / 100 / 3.5302%

Final Books: > €1.40bn (excl. JLM)

Launched: Long 3yr: €750m @ MS+75bp - Orderbook > €1.40bn (excl. JLM)
Spread set at: Long 3yr: MS+75bp - Orderbook > €1.40bn (excl. JLM)
IPTs: Long 3yr: MS+100/105bp

• Issuer: First Abu Dhabi Bank PJSC
• Issuer LEI: 2138002Y3WMK6RZS8H90
• Issuer Ratings: Aa3/AA-/AA- (Moody's/S&P/Fitch)
• Expected Issue Ratings: Aa3/AA-/AA- (Moody's/S&P/Fitch)
• Format: Registered, Regulation S only, Category 2 (issued under US$ 20bn Euro Medium Term Note Programme as supplemented)
• Status of the Notes: Senior Unsecured
• Size: €750m
• Tenor: Long 3-year
• Settlement Date: 24-Jun-26
• Maturity Date: 24-Dec-29
• Coupon: 3.5302% (Short first coupon, Fixed rate, Annual Act/Act)
• Reoffer: MS+75bp / 100 / 3.5302%
• Benchmark: Interpolated Mid Swap Rate
• Listing: London Stock Exchange
• Clearing Systems: Euroclear and Clearstream, Luxembourg
• Stabilization: FCA/ICMA
• Governing Law: English law
• Denominations: €100,000 and integral multiples of €1,000 in excess thereof
• Use of Proceeds: An amount at least equal to the net proceeds will be used to fund or refinance Eligible Projects in the eligible categories identified as "Green" in FAB’s Sustainable Finance Framework
• ISIN / Common Code: XS3420391628 / 342039162
• Joint Lead Managers: BBVA, First Abu Dhabi Bank, HSBC, Industrial and Commercial Bank of China, Société Générale and Standard Chartered Bank
• Billing & Delivery Bank: Standard Chartered Bank