Abu Dhabi – Mubasher: First Abu Dhabi Bank (FAB) is expected to issue Additional Tier 1 (AT1) bonds worth $750 million as soon as September, two sources told Reuters.
Designed to be perpetual in nature, additional Tier 1 (AT1) bonds are the riskiest debt instruments that banks can issue.
It is noteworthy to mention that in early August, FAB has issued the world's largest Chinese Yuan-denominated dual-listed Formosa bond worth CNY 3.25 billion of a 5-year term.
