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ADIB Capital to redeem $1 billion add-on tier 1 capital certs Oct. 16
By Susanna Moon
Chicago, Sept. 12 – ADIB Capital Invest 1 Ltd. issued a notice of redemption for its $1 billion of additional tier 1 capital certificates.
The notes will be redeemed at par plus any outstanding payments on the first call date of Oct. 16.
The call is being carried out by instructions of Abu Dhabi Islamic Bank PJSC, according to the notice.
ADIB is based in the United Arab Emirates.
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