National Bank of Abu Dhabi (NBAD) has started talking to banks for a USD2bn syndicated loan which will be used to refinance existing bilateral facilities and provide new term funding. The facility is being self-arranged and carries a 3-year bullet maturity and will pay an interest of Libor+0.65% per annum. The loan is expected to be closed and funded by year-end. The transaction is being syndicated to existing relationship lender of NBAD as well as selected number of international banks. (Bloomberg)   NBAD: AED8.60 as of 27 October 2016, Rating: Neutral, FV: AED9.00 per share, MCap: USD12,208mn, NBAD UH / NBAD.AD