Union National Bank (UNB) is in talks with banks about issuing a potential benchmark-sized bond, three sources aware of the matter said. The size of UNB's issue is still uncertain, but the sources said it was likely to be benchmark sized, which is usually taken to mean at least USD500mn. The issue would be conducted under UNB's USD3bn bond programme. (Reuters) Union Natl. Bank (AD) : AED4.42 as of 9 August 2016, Rating: Neutral, FV: AED5.00 per share, MCap: USD3,314 million, UNB UH / UNB.AD
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