NBAD named 'Best DCM House in the UAE'

The National Bank of Abu Dhabi, NBAD, was named "Best DCM House in the UAE" by Euromoney Awards for Excellence 2015 at a ceremony held in Dubai.

Last month, NBAD was the first bank in the Middle East to win the most coveted "Rising Star Emerging Markets House" for DCM by GlobalCapital magazine.

Debt Origination and Distribution activities have earned NBAD growing attention and recognition across the West-East corridor, including Asia. In May, the bank successfully priced 7 bond transactions for international issuers.

Since the beginning of this year, NBAD has bookrun 18 landmark transactions in both the conventional bonds and international Sukuk arenas.

Alex Thursby, NBAD's Group Chief Executive Officer, said, "These successful issuances demonstrate our expertise in Debt Origination and Distribution and our growing credibility among international investors in Asia and in the rest of the West-East Corridor. We are committed to building on this momentum and on our strong fundamentals to further develop these activities for the benefit of our chosen clients."

Andy Cairns, NBAD's Global Head of Debt Origination and Distribution, said, "Leadership in debt capital markets is a cornerstone of our financing proposition so it is particularly satisfying to be recognised by Euromoney as the best DCM house in NBAD's home market of the UAE. We are committed to solving the financing needs of clients - not only in the UAE but across our international platform - and will continue to deliver best advice and execution in bonds, loans and Sukuk that our recent awards attest to."
Source: WAM