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Dubai’s Emirates NBD Bank To Raise $750 Mln In Perpetual Bonds

Dubai- Masaader News

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, according to Reuters.

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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