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Emirates Bank plans to start roadshow for benchmark-sized offering on Friday
By Reshmi Basu
New York, Jan. 14 - Emirates Bank International plans to kick off a roadshow for its benchmark-sized offering of five-year floating-rate loan notes (A1//A) on Jan. 24 in Switzerland and Singapore, according to a market source.
The roadshow then moves to Munich, Frankfurt and Kuala Lumpur on Jan. 25, then makes stops in Vienna, Milan and Hong Kong on Jan. 26 and wraps up in London and Taipei on Jan. 27.
The proposed notes will be sold under the bank's euro medium-term note program, launched in 2002.
Barclays Capital, Dresdner Kleinwort Wasserstein and HSBC are running the Regulation S deal.
Emirates Bank, based in Dubai, is the first bank in the United Arab Emirates.
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