Emirates NBD seeks to set up USD10bn debt issuance programme
Emirates NBD will seek shareholders’ approval to establish a USD10bn debt programme at its AGM scheduled on 20 February, according to a statement to the Dubai stock exchange. The bank will also seek shareholders’ green nod for the sale of as much as USD5bn from any of its debt programmes. Emirates Islamic Bank shareholders will vote on plans to set up new USD2.5bn funding programme at its next AGM.
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