UNB Hires Citi, HSBC, Deutsche, NBAD, StanChart for Bond Sale

Union National Bank PJSC, a United Arab Emirates-based state-controlled lender, said it hired HSBC Holdings Plc (HSBA), Citigroup Inc, Standard Chartered Plc (STAN), Deutsche Bank, and National Bank of Abu Dhabi PJSC (NBAD) to manage a bond sale.

The lender will begin meeting fixed-income investors in Asia, Europe and the Middle East “shortly”, according to a statement to the Abu Dhabi bourse today. The offer is subject to suitable market conditions, it said.

To contact the reporter on this story: Arif Sharif in Dubai at asharif2@bloomberg.net

To contact the editor responsible for this story: Inal Ersan at iersan@bloomberg.net

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