ENBD and CBD are reportedly talking to banks to raise a combined total of USD1.7bn in loans to refinance existing debt. ENBD is talking to banks about raising a three-year loan of a possible amount of USD1.2bn. The funds will be used to refinance an existing debt. CBD is looking to refinance USD450mn loan that matured in December. According to a source, the banks were keen on raising funds before a possible further rise in borrowing costs later in the year if the U.S. Federal Reserve hiked interest rates again. (Reuters)   Emirates NBD (DU): AED8.10 as of 11 May 2016, Rating: Buy, FV: AED10.00 per share, MCap: USD12,266 million, EMIRATES UH / ENBD.DU Commercial Bank of Dubai (DU): AED5.40 as of 11 May 2016, Rating: Sell, FV: AED5.30 per share, MCap: USD4,124 million, CBD UH / CBD.DU