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Published on 4/19/2011 in the Prospect News Emerging Markets Daily and Prospect News Liability Management Daily.

Emirates NBD repurchases $5.4 million floating-rate notes due 2012

By Toni Weeks

San Diego, April 19 - Emirates NBD repurchased $5.4 million of its floating-rate notes due 2012 (ISIN: XS0285298054), according to a company filing with the London Stock Exchange.

Following the April 18 transaction, $446,915,000 of the notes remains outstanding.

The notes were originally issued by Emirates Bank International PJSC, which merged with National Bank of Dubai PJSC to form Emirates NBD.

Emirates NBD, based in Dubai, United Arab Emirates, provides corporate, consumer, treasury and investment banking and asset management services.


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