All material subject to strictly enforced copyright laws. © 2022 Euromoney Institutional Investor PLC group
FIGBank Capital

Emirates NBD perp AT1 under fire from bankers

Dubai lake px230 for GC

Emirates NBD sold a $500m tier one perpetual non-call six bond on Wednesday. It was priced flat to the borrower’s existing Basel II compliant note but bankers away from the deal said that it looked to have struggled throughout the execution process.

Unlock this article.

The content you are trying to view is exclusive to our subscribers.

To unlock this article:

Take a Free Trial or Login
We use cookies to provide a personalized site experience.
By continuing to use & browse the site you agree to our Privacy Policy.
I agree