EBI Bond Increased To $500Mn After Oversubscription
Dubai-based Emirates Bank International (EBI) has increased its bond issue to $500mn after the original $250mn was oversubscribed, attracting orders of $700mn. The dollar-denominated Eurobond was launched and priced on 19 January, carrying a coupon of 55 bps over three month libor and will be listed on the Luxembourg stock exchange, although MEES understands that the bank is contemplating listing...
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