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UAE's First Gulf Bank launches 5-yr $650 mln bond - leads

Monday, 1 Oct 2012 | 10:34 AM ET

DUBAI, Oct 1 (Reuters) - Abu Dhabi-listed First Gulf Bank

launched a five-year,$650 million bond at 210 basis points over midswaps, arranging banks said on Monday.

FGB is issuing the bond under its $3.5 billion euro medium term notes programme. Citi , National Bank of Abu Dhabi , HSBC , Standard Chartered and Deutsche Bank are arranging the deal.

(Reporting by Rachna Uppal; Writing by Amran Abocar)

((rachna.uppal@thomsonreuters.com; +971 4 391 8301; Reuters Messaging: rachna.uppal@thomsonreuters.com))

Keywords: EMIRATES FGB/LAUNCH

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