The UAE's second-biggest bank by assets, National Bank of Abu Dhabi, is set to meet with investors this week to sell a benchmark-size bond, Bloomberg has reported, citing bankers familiar with the plan. The lender will become the first UAE entity to tap capital markets after state-owned Dubai World announced plans in November to renegotiate terms on about $26bn of debt. A benchmark-size bond is usually for at least $500m.
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