February 5, 2015 / 10:20 AM / 3 years ago

UAE's First Gulf Bank to meet investors from Monday for potential bond

DUBAI, Feb 5 (Reuters) - First Gulf Bank, the third-largest lender in the United Arab Emirates 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. (Reporting by Archana Narayanan; Editing by Andrew Torchia)

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