ADIB provides notice to redeem its $750 million US dollar denominated tier-one perpetual sukuk issued in 2018

Abu Dhabi, UAE; 13 September 2023: Abu Dhabi Islamic Bank (ADIB), a leading financial institution, provided notice of the full redemption of outstanding certificates of its USD 750 million additional tier-one (AT1) perpetual sukuk issued on 20 September 2018 at a profit rate of 7.125 percent. The redeem, in accordance with the conditions of the Sukuk issuance, will be carried out on the first call date, being September 20, 2023.
Continue reading ADIB provides notice to redeem its $750 million US dollar denominated tier-one perpetual sukuk issued in 2018

