EMIRATESNBD
Dubai – Mubasher: Nasdaq Dubai on Tuesday has welcomed the listing of a $1 billion bond issued by Emirates NBD.
The $1 billion Additional Tier 1 security issued by the Dubai-based lender has attracted large international demand, Hesham Abdulla Al Qassim, vice chairman and managing director of Emirates NBD, said in a statement.
He pointed out that the capital raised by the issue supports Emirates NBD’s regional and international business across diverse services including retail, wholesale and investment banking, private banking, and asset management, among others.
It is worth noting that Emirates NBD is considered the largest issuer of conventional bonds on Nasdaq Dubai, with a total nominal value of $5.28 billion via eight listings, the statement added.
“Our latest issuance was well received by a wide range of investors across Europe, Asia and the Middle East, demonstrating their confidence in the ongoing performance of Emirates NBD,” Al Qassim commented.