RakBank goes on the road for dollars

Middle East Fotolia 230x150
By Lewis McLellan
25 Mar 2019

The National Bank of Ras Al-Khaimah has picked banks for a dollar benchmark, keeping up the steady flow of Middle Eastern paper.

The borrower has selected Bank ABC, Citi, Emirates NBD Capital, First Abu Dhabi Bank, ICBC and Standard Chartered to arrange a series of investor meetings promoting a Reg S five year dollar benchmark.

The roadshow begins on Thursday and will go through Hong Kong, Singapore ...

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