Abu Dhabi Commercial Bank (ADCB) delivered a strong performance in the debt capital markets (DCM) space, facilitating a combined $47.8 billion, 83% up on its 2023 volumes.
In 2024, ADCB recorded 60 transactions compared to nine when it first launched the desk in 2021, surpassing local competition.
The bank served as global coordinator on eight deals, up from two in the previous year, executing an impressive suite of complex, high-value transactions, including landmark sovereign issues and key structured financings.
ADCB has been commended on its ability to execute innovative deal structures
Notable deals included the $2 billion dual-tranche bond for Abu Dhabi Developmental Holding company (ADQ), and Arada’s $400 million 5-year sukuk. The bank’s leadership and trust among issuers is also evidenced by its ability to secure repeat mandates from names such as Mubadala, Sharjah and Bank of Sharjah.
ADCB has been commended on its ability to execute innovative deal structures, such as Mubadala’s debut sukuk and NEDC’s debut sukuk. Its clients highlight its technical expertise, its private banking distribution and skill in delivering on tight timelines.
