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Published on 3/24/2015 in the Prospect News Emerging Markets Daily.

Ras al Khaimah’s new euro-denominated notes to price Tuesday

By Christine Van Dusen

Atlanta, March 24 –The Emirate of Ras al Khaimah’s new issue of Islamic bonds will be denominated in euros, according to a filing from the sovereign.

Al Hilal Bank, Citigroup, JPMorgan and National Bank of Abu Dhabi are the bookrunners for the Regulation S deal.

The notes are expected to price on Tuesday.


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