Dubai – Mubasher: Emirates NBD said it issued on 6 January 2021 senior five-year bonds worth $750 million.

The bonds will settle on 13 January 2021 and mature on 13 January 2026, the bank said in a statement to the Dubai Financial Market (DFM) on Thursday.

On Tuesday, Reuters reported that the lender hired banks to arrange for an investor call prior to a planned issuance of US dollar-denominated bonds, which would have a five-year maturity.

The mandated banks comprise Emirates NBD Capital, ICBC, ING, Mizuho Securities, and Standard Chartered, according to the Reuters agency.