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Emirates NBD issues a 5-year $1bln fixed rate bond

Posted on 26 March 2012

Emirates NBD, on 21st March 2012, priced a 5-year $1bn fixed rate bond. The $1bn issue was three times over-subscribed with orders received from 205 investors.
The bond has a coupon of 4.625% and a reoffer price of 99.335 %. Good demand was seen from Asia (19%), GCC & Mena (49%) whilst Europe and other areas took 32% of the deal………………………………………..Full Article: Source

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