Emirates NBD hires banks for AT1 dollar bonds

  • Emirates NBD Capital, First Abu Dhabi Bank, JPMorgan, HSBC, NCB Capital and Standard Chartered will arrange fixed-income investor calls starting on Tuesday.
18 May, 2021

DUBAI: Dubai's biggest lender Emirates NBD has hired banks to arrange the sale of US dollar-denominated Additional Tier 1 bonds that will be non-callable for six years, a document showed on Tuesday.

Emirates NBD Capital, First Abu Dhabi Bank, JPMorgan, HSBC, NCB Capital and Standard Chartered will arrange fixed-income investor calls starting on Tuesday, the document from one of the banks showed. A benchmark unrated issuance will follow, subject to market conditions.

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