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Arab Bank for Investment & Foreign Trade (Al Masraf), the UAE’s only federal commercial bank, has appointed banks to arrange investor calls and meetings starting Friday, 16 January 2026, ahead of the potential issuance of its debut US dollar denominated Reg S benchmark bond.
Al Masraf — 60% owned by the UAE federal government through the Emirates Investment Authority and rated A (Stable) by Fitch — has mandated Emirates NBD Capital, First Abu Dhabi Bank, Mashreq, and Standard Chartered Bank as joint global coordinators. RAKBANK is the joint lead manager and joint bookrunner.
Subject to market conditions, a debut 5-year senior unsecured fixed rate Reg S bond issuance under Al Masraf’s US$5 billion Euro Medium Term Note (EMTN) Programme will follow. The bonds are expected to be reflect the issuer's ratings
The proceeds will be utilised for general corporate purposes.
The transaction will be carried out under FCA/ICMA stabilisation guidelines.
The bonds will be listed on London Stock Exchange’s International Securities Market and Nasdaq Dubai.
(Writing by Brinda Darasha; editing by Daniel Luiz)
