Arab Finance: Emirates NBD is planning to issue AED-denominated bonds for three years, Reuters reported on January 3rd, citing a document by Dubai’s largest lender.

The leading bank has appointed a number of banks, namely Abu Dhabi Commercial Bank (ADCB), Emirates NBD Capital, HSBC, and Industrial and Commercial Bank of China Limited (ICBC), to act as joint lead managers and joint bookrunners for the new issuance.

The new bond sale comes under the $20 billion medium-term notes program.

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