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Emirates NBD plans issue of ‘dim-sum’ bond

Posted on 21 February 2012

Emirates NBD, the largest bank in the UAE by assets, said Monday that it has mandated Emirates NBD Capital Limited, HSBC and Standard Chartered Bank to arrange investor meetings in Hong Kong and Singapore commencing on February 22.
The bank has plans to raise funds through a CNH (offshore Chinese yuan)-denominated bond under ENBD’s $7.5-billion (Dh27.52 billion) medium-term notes (EMTN) programme. The bank said the bond issue will be subject to market conditions………………………………………..Full Article: Source

 
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