First Abu Dhabi Bank Seen Syndicating $5 Billion Nigeria Swap

First Abu Dhabi Bank, the United Arab Emirates’ largest lender, may sell down part of its $5 billion total-return swap with Nigeria, according to people familiar with the matter.

By Nduka Orjinmo and Laura Gardner Cuesta · Bloomberg Markets

First Abu Dhabi Bank, the United Arab Emirates’ largest lender, may sell down part of its $5 billion total-return swap with Nigeria, according to people familiar with the matter.