{"id":113127,"date":"2026-02-17T00:00:00","date_gmt":"2026-02-17T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/uae\/2026\/02\/17\/fab-closes-its-third-bond-issuance-this-year\/"},"modified":"2026-02-17T00:00:00","modified_gmt":"2026-02-17T00:00:00","slug":"fab-closes-its-third-bond-issuance-this-year","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/uae\/2026\/02\/17\/fab-closes-its-third-bond-issuance-this-year\/","title":{"rendered":"Fab closes its third bond issuance this year"},"content":{"rendered":"<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong>First<\/strong><strong> Abu Dhabi Bank (Fab) raised GBP 450 mn from 5.5-year senior <\/strong><strong>unsecured notes<\/strong>, marking its third issuance this year, <a target=\"_blank\" href=\"https:\/\/www.zawya.com\/en\/capital-markets\/bonds\/abu-dhabis-fab-raises-450mln-from-its-third-issuance-of-the-year-x6uaicu4\" style=\"\" rel=\"noopener\">Zawya<\/a> reports. The bank tightened pricing to UKT +75 bps from initial price thoughts of +90 bps after books peaked above GBP 825 mn at launch, eventually settling north of GBP 775 mn.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The paper, rated Aa3\/AA-\/AA-, carries a 4.7% yield<\/strong> and will be listed on the London Stock Exchange under Fab\u2019s USD 20 bn EMTN program.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>REFRESHER- <\/strong>The lender earlier this month raised <a target=\"_blank\" href=\"https:\/\/enterpriseam.com\/uae\/2026\/02\/02\/fab-formosa-draws-in-usd-750-mn-finmin-raises-aed-1-1-bn-in-t-sukuk-tarabut-acquires-bahraini-ai-player-and-a-ppp-for-ras-al-khaimah\/\" style=\"\" rel=\"noopener\">USD<\/a><a target=\"_blank\" href=\"https:\/\/enterpriseam.com\/uae\/2026\/02\/02\/fab-formosa-draws-in-usd-750-mn-finmin-raises-aed-1-1-bn-in-t-sukuk-tarabut-acquires-bahraini-ai-player-and-a-ppp-for-ras-al-khaimah\/\" style=\"\" rel=\"noopener\">750 mn<\/a> via a five-year Formosa at SOFR +75 bps following another <a target=\"_blank\" href=\"https:\/\/enterpriseam.com\/uae\/2025\/01\/14\/fab-issues-usd-750-mn-senior-unsecured-notes\/\" style=\"\" rel=\"noopener\">USD 750 mn<\/a> five-year benchmark in January, reinforcing investor appetite for high-grade Abu Dhabi risk.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>ADVISORS-<\/strong> Barclays, Deutsche Bank, First Abu Dhabi Bank, Standard Chartered Bank, and TD Securities served as joint lead managers and bookrunners.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The paper, rated Aa3\/AA-\/AA-, carries a 4.7% yield<\/p>\n","protected":false},"author":1,"featured_media":113128,"comment_status":"","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1546],"tags":[29,1391,68,7],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-113127","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-debt-watch","tag-capital-markets","tag-debt","tag-debt-watch","tag-enterpriseam-uae","wpautop","entry"],"acf":{"mongo_id":"cd9bcc6a-ba3f-4740-9767-d8a910fdd0af","order":"6","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2025\/1\/755.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Fab closes its third bond issuance this year","related_issue":[113117],"teaser":"The paper, rated Aa3\/AA-\/AA-, carries a 4.7% yield"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Fab closes its third bond issuance this year - UAE<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/uae\/2026\/02\/17\/fab-closes-its-third-bond-issuance-this-year\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Fab closes its third bond issuance this year\" \/>\n<meta property=\"og:description\" content=\"The paper, rated Aa3\/AA-\/AA-, carries a 4.7% yield\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/uae\/2026\/02\/17\/fab-closes-its-third-bond-issuance-this-year\/\" \/>\n<meta property=\"og:site_name\" content=\"UAE\" \/>\n<meta property=\"article:published_time\" content=\"2026-02-17T00:00:00+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2025\/1\/755.jpg?fit=%2C&ssl=1\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/uae\/2026\/02\/17\/fab-closes-its-third-bond-issuance-this-year\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/uae\/2026\/02\/17\/fab-closes-its-third-bond-issuance-this-year\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/uae\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Fab closes its third bond issuance this year\",\"datePublished\":\"2026-02-17T00:00:00+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/uae\/2026\/02\/17\/fab-closes-its-third-bond-issuance-this-year\/\"},\"wordCount\":134,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/uae\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/uae\/2026\/02\/17\/fab-closes-its-third-bond-issuance-this-year\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2025\/1\/755.jpg?fit=%2C&ssl=1\",\"keywords\":[\"capital markets\",\"debt\",\"DEBT WATCH\",\"EnterpriseAM UAE\"],\"articleSection\":[\"DEBT WATCH\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/uae\/2026\/02\/17\/fab-closes-its-third-bond-issuance-this-year\/\",\"url\":\"https:\/\/enterpriseam.com\/uae\/2026\/02\/17\/fab-closes-its-third-bond-issuance-this-year\/\",\"name\":\"Fab closes its third bond issuance this year - UAE\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/uae\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/uae\/2026\/02\/17\/fab-closes-its-third-bond-issuance-this-year\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/uae\/2026\/02\/17\/fab-closes-its-third-bond-issuance-this-year\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2025\/1\/755.jpg?fit=%2C&ssl=1\",\"datePublished\":\"2026-02-17T00:00:00+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/uae\/2026\/02\/17\/fab-closes-its-third-bond-issuance-this-year\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/uae\/2026\/02\/17\/fab-closes-its-third-bond-issuance-this-year\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/uae\/2026\/02\/17\/fab-closes-its-third-bond-issuance-this-year\/#primaryimage\",\"url\":\"https:\/\/i0.wp.com\/ent.news\/2025\/1\/755.jpg?fit=%2C&ssl=1\",\"contentUrl\":\"https:\/\/i0.wp.com\/ent.news\/2025\/1\/755.jpg?fit=%2C&ssl=1\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/uae\/2026\/02\/17\/fab-closes-its-third-bond-issuance-this-year\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/uae\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Fab closes its third bond issuance this year\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/enterpriseam.com\/uae\/#website\",\"url\":\"https:\/\/enterpriseam.com\/uae\/\",\"name\":\"UAE\",\"description\":\"The State of the Nation\",\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/uae\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/enterpriseam.com\/uae\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/enterpriseam.com\/uae\/#organization\",\"name\":\"UAE\",\"url\":\"https:\/\/enterpriseam.com\/uae\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/uae\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ent.news\/internal\/42998.svg\",\"contentUrl\":\"https:\/\/ent.news\/internal\/42998.svg\",\"caption\":\"UAE\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/uae\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/enterpriseam.com\/uae\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\",\"name\":\"enterpriseam admin\",\"sameAs\":[\"http:\/\/enterpriseam.testing.projectsarea.com\"],\"url\":\"https:\/\/enterpriseam.com\/uae\/author\/enterpriseam\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Fab closes its third bond issuance this year - UAE","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/enterpriseam.com\/uae\/2026\/02\/17\/fab-closes-its-third-bond-issuance-this-year\/","og_locale":"en_US","og_type":"article","og_title":"Fab closes its third bond issuance this year","og_description":"The paper, rated Aa3\/AA-\/AA-, carries a 4.7% yield","og_url":"https:\/\/enterpriseam.com\/uae\/2026\/02\/17\/fab-closes-its-third-bond-issuance-this-year\/","og_site_name":"UAE","article_published_time":"2026-02-17T00:00:00+00:00","og_image":[{"url":"https:\/\/i0.wp.com\/ent.news\/2025\/1\/755.jpg?fit=%2C&ssl=1","type":"","width":"","height":""}],"author":"enterpriseam admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"enterpriseam admin","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/enterpriseam.com\/uae\/2026\/02\/17\/fab-closes-its-third-bond-issuance-this-year\/#article","isPartOf":{"@id":"https:\/\/enterpriseam.com\/uae\/2026\/02\/17\/fab-closes-its-third-bond-issuance-this-year\/"},"author":{"name":"enterpriseam admin","@id":"https:\/\/enterpriseam.com\/uae\/#\/schema\/person\/ca597032db7e4db868359c123cec256d"},"headline":"Fab closes its third bond issuance this year","datePublished":"2026-02-17T00:00:00+00:00","mainEntityOfPage":{"@id":"https:\/\/enterpriseam.com\/uae\/2026\/02\/17\/fab-closes-its-third-bond-issuance-this-year\/"},"wordCount":134,"publisher":{"@id":"https:\/\/enterpriseam.com\/uae\/#organization"},"image":{"@id":"https:\/\/enterpriseam.com\/uae\/2026\/02\/17\/fab-closes-its-third-bond-issuance-this-year\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2025\/1\/755.jpg?fit=%2C&ssl=1","keywords":["capital markets","debt","DEBT WATCH","EnterpriseAM UAE"],"articleSection":["DEBT WATCH"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/enterpriseam.com\/uae\/2026\/02\/17\/fab-closes-its-third-bond-issuance-this-year\/","url":"https:\/\/enterpriseam.com\/uae\/2026\/02\/17\/fab-closes-its-third-bond-issuance-this-year\/","name":"Fab closes its third bond issuance this year - UAE","isPartOf":{"@id":"https:\/\/enterpriseam.com\/uae\/#website"},"primaryImageOfPage":{"@id":"https:\/\/enterpriseam.com\/uae\/2026\/02\/17\/fab-closes-its-third-bond-issuance-this-year\/#primaryimage"},"image":{"@id":"https:\/\/enterpriseam.com\/uae\/2026\/02\/17\/fab-closes-its-third-bond-issuance-this-year\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2025\/1\/755.jpg?fit=%2C&ssl=1","datePublished":"2026-02-17T00:00:00+00:00","breadcrumb":{"@id":"https:\/\/enterpriseam.com\/uae\/2026\/02\/17\/fab-closes-its-third-bond-issuance-this-year\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/enterpriseam.com\/uae\/2026\/02\/17\/fab-closes-its-third-bond-issuance-this-year\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/uae\/2026\/02\/17\/fab-closes-its-third-bond-issuance-this-year\/#primaryimage","url":"https:\/\/i0.wp.com\/ent.news\/2025\/1\/755.jpg?fit=%2C&ssl=1","contentUrl":"https:\/\/i0.wp.com\/ent.news\/2025\/1\/755.jpg?fit=%2C&ssl=1"},{"@type":"BreadcrumbList","@id":"https:\/\/enterpriseam.com\/uae\/2026\/02\/17\/fab-closes-its-third-bond-issuance-this-year\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/enterpriseam.com\/uae\/"},{"@type":"ListItem","position":2,"name":"Fab closes its third bond issuance this year"}]},{"@type":"WebSite","@id":"https:\/\/enterpriseam.com\/uae\/#website","url":"https:\/\/enterpriseam.com\/uae\/","name":"UAE","description":"The State of the Nation","publisher":{"@id":"https:\/\/enterpriseam.com\/uae\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/enterpriseam.com\/uae\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/enterpriseam.com\/uae\/#organization","name":"UAE","url":"https:\/\/enterpriseam.com\/uae\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/uae\/#\/schema\/logo\/image\/","url":"https:\/\/ent.news\/internal\/42998.svg","contentUrl":"https:\/\/ent.news\/internal\/42998.svg","caption":"UAE"},"image":{"@id":"https:\/\/enterpriseam.com\/uae\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/enterpriseam.com\/uae\/#\/schema\/person\/ca597032db7e4db868359c123cec256d","name":"enterpriseam admin","sameAs":["http:\/\/enterpriseam.testing.projectsarea.com"],"url":"https:\/\/enterpriseam.com\/uae\/author\/enterpriseam\/"}]}},"featured_image_src":"https:\/\/i0.wp.com\/ent.news\/2025\/1\/755.jpg?resize=600%2C400&ssl=1","featured_image_src_square":"https:\/\/i0.wp.com\/ent.news\/2025\/1\/755.jpg?resize=600%2C600&ssl=1","author_info":{"display_name":"enterpriseam admin","author_link":"https:\/\/enterpriseam.com\/uae\/author\/enterpriseam\/"},"jetpack_featured_media_url":"https:\/\/i0.wp.com\/ent.news\/2025\/1\/755.jpg?fit=%2C&ssl=1","jetpack_sharing_enabled":true,"jetpack-related-posts":[],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/posts\/113127","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/comments?post=113127"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/posts\/113127\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/issue\/113117"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/media\/113128"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/media?parent=113127"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/categories?post=113127"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/tags?post=113127"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/brand?post=113127"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=113127"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}