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Dubai’s Emirates NBD talks benchmark seven-year euro notes at 140 bps-150 bps over mid-swaps
By Christine Van Dusen
Atlanta, March 16 – Emirates NBD set talk at mid-swaps plus 140 basis points to 150 bps for a euro-denominated offering of benchmark-sized notes due in seven years, a market source said.
BofA Merrill Lynch, BNP Paribas, Deutsche Bank, Emirates NDB Capital, HSBC and ING are the bookrunners for the Regulation S deal.
The notes are expected to price on Monday.
Dubai-based Emirates NBD is a provider of corporate, consumer, treasury and investment banking and asset management services.
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