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Published on 2/21/2012 in the Prospect News Emerging Markets Daily.

Emirates NBD taps bookrunners for renminbi-denominated bond offering

By Aleesia Forni

Columbus, Ohio, Feb. 21 - Emirates NBD PJSC (A3/A+) mandated Emirates NBD Capital Ltd., HSBC and Standard Chartered Bank to set up investor meetings ahead of an anticipated renminbi-denominated Regulation S bond offering, according to a press release.

The meetings will begin on Wednesday in Hong Kong and Singapore.

The notes will be issued under the bank's $7.5 billion euro medium-term note program.

Dubai's Emirates NBD is the United Arab Emirates' largest bank by assets.


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