22.03.2012 - Emirates NBD eyes five-year dollar bonds
Emirates NBD, the UAE’s biggest bank by assets, said that it has picked banks to arrange a new five-year dollar bond. The bank is reportedly planning a benchmark-sized deal, normally understood to be at least $500 million. The bank said it had mandated Bank of America, Merrill Lynch, Deutsche Bank, Emirates NBD Capital, HSBC and NBAD, as joint lead managers and joint book runners for the US dollar Regulation S transaction. The bond would be issued under Emirates NBD’s $7.5 billion programme...............................................Full Article: Source
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