Emirates NBD confirms $750mln senior bond issuance

The bond will mature in January 2026

  
A view of Emirates NBD head office in Dubai, UAE January 30, 2018. Image used for illustrative purpose.

A view of Emirates NBD head office in Dubai, UAE January 30, 2018. Image used for illustrative purpose.

REUTERS/Satish Kumar

Dubai’s Emirates NBD confirmed that it has issued a $750 million five-year senior bond on Wednesday, January 6, which will mature on 2026.

The bank made a statement to Dubai Financial Market confirming the value of the bond, after reports earlier this week of a planned investor call ahead of the issuance.

Emirates NBD’s $750 mln bond issuance is the first public debt issuance form the GCC region this year.

(Writing by Imogen Lillywhite; editing by Daniel Luiz)

(imogen.lillywhite@refinitiv.com)

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