Dubai's Emirates NBD to raise $750 million in perpetual bonds: document
DUBAI (Reuters) - Emirates NBD (ENBD.DU), Dubai’s largest bank, is set to raise $750 million with perpetual bonds...
DUBAI (Reuters) - Emirates NBD (ENBD.DU), Dubai’s largest bank, is set to raise $750 million with perpetual bonds non-callable for six years, a document showed.
The bank is offering investors a 6.125% yield for the paper, which is similar to an equity instrument in that it has no maturity.
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