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DUBAI, Oct 6 (Reuters) – First Abu Dhabi Bank (FAB.AD) has set the spread for its five-year U.S. dollar-denominated green bonds at 125 basis points over U.S. Treasuries after demand topped $1.4 billion, a bank document showed on Thursday.
The bonds were tightened from initial guidance of 145-150 bps over UST and are expected to price later on Thursday.