- City Fajr Shuruq Duhr Asr Magrib Isha
- Dubai 04:18 05:40 12:28 15:52 19:10 20:33
First Gulf Bank plans to meet fixed income investors starting on Monday. (Supplied)
First Gulf Bank, the third-largest lender in the UAE by assets, plans to meet fixed income investors starting on Monday for a potential international bond issue, a document from lead managers showed on Thursday.
Rated A2 by Moody's and A+ by Fitch, First Gulf Bank will meet investors in Europe, the document said, adding that the bank would issue a bond during the course of 2015 subject to market conditions.
The lender has mandated Deutsche Bank and ING Bank to arrange the investor meetings.
Follow Emirates 24|7 on Google News.