Emirates NBD has announced a $ 750 million (AED 2.75 billion) premium bond issue maturing after five years.
According to Reuters, the bank explained in a disclosure to the Dubai Financial Market that the bonds were issued on January 6, while these bonds will be listed on January 13 and are due On January 13, 2026.
and a document showed that Emirates NBD has assigned banks to arrange calls with investors ahead of issuing dollar-denominated bonds worth at least $ 500 million.
and according to the document issued by one of the banks leading the process, the issuance, which has attracted subscription requests of more than $ 2.2 billion, allows an interest rate equivalent to 115 basis points above average swap rates Fixed and variable interest.
The bank has used ICBI, ING, Mizuho Securities and Standard Chartered banks to arrange the issuance process, which has a maturity of 5 years.
