On 10 February, First Abu Dhabi Bank (First Abu Dhabi) (AA-/Aa3/AA-) began taking indications of interest for a potential five-year Kangaroo transaction, offered in either or both fixed and floating-rate formats. Initial price guidance for the deal, which is expected to launch in the near future, is 115 basis points area over swap benchmarks. ANZ and Nomura are joint lead managers.