Emirates NBD takes $1bn with AT1
Emirates NBD came to market for its first additional tier one bond on Wednesday morning, printing what what data suggests is the Middle East’s largest ever deal in the format.
The borrower selected HSBC and Standard Chartered as joint structuring agents and BNP Paribas, Emirates NBD Capital, First Abu Dhabi Bank, HSBC, Nomura International and Standard Chartered as joint lead managers.The bond will be a perpetual bond callable in March 2025 and on ...
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