Fitch Rates FAB’s Upcoming Subordinated Tier 2 Bonds ‘A(EXP)’

Fitch Ratings – Dubai – 26 Sep 2023: Fitch Ratings has assigned First Abu Dhabi Bank P.J.S.C.’s (FAB) upcoming issue of US dollar-denominated subordinated Tier 2 bonds an expected long-term rating of ‘A(EXP)’.

The final rating is contingent upon the receipt of final transaction documents conforming to information already received.