ADIB raises $750m in a US dollar denominated AT1 perpetual sukuk
12 Jul 2023
Abu Dhabi Islamic Bank (ADIB) announced on Wednesday that it has successfully raised $750 million in the world’s first dollar denominated additional tier-one (AT1) perpetual sukuk issued since March 2023. ADIB, which is rated A2 by Moody’s and A+ by Fitch, in each case with a stable outlook, priced the perpetual non-call, five