08.03.2012 - Emirates NBD completes 750mln offshore yuan bond issue
Emirates NBD, the UAE's largest bank by assets, has completed the inaugural issuance of 750 million offshore yuan ($120 million, Dh435.87 million) Fixed Rate Notes, maturing in 2015. The offshore yuan bond, also popularly known as dim sum bonds from Emirates NBD, forms part of the bank's $7.5 billion Medium Term Note Programme. The bonds were priced at a fixed coupon of 4.875 per cent and rated A3 by Moody's and A+ by Fitch...............................................Full Article: Source
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