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23-Jun-2016

ENBD raises USD1.7bn through loan

Emirates NBD has raised USD1.7bn through a three-year loan, according to Bloomberg. The loan is maturing in June 2019 and will be used for general corporate purposes. (Bloomberg)   Emirates NBD: AED8.40 as of 22 June 2016, Rating: Buy, FV: AED10.00 per share, MCap: USD12,721mn, EMIRATES UH / ENBD.DU

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