VOL. XLV

No 22

3-June-2002

DUBAI

EBI To Issue $250Mn International Bond

Dubai-based Emirates BankInternational (EBI) announced on 29 May that is planning to issue a $250mn floatingrate note with a 5-year maturity under its euro medium-term note program. Thebond will be issued this week, a roadshow will followin the second week of June, and closing is set to take place either in thethird or fourth week in June, depending on market conditions, Suresh Kumar,general manager of Emirates Financial...