Emirates NBD Said to Sell Four-Year Swiss Franc Bond
February 16, 2012, 10:21 AM ESTBy Arif Sharif and Dana El Baltaji
Feb. 16 (Bloomberg) -- Emirates NBD PJSC, the United Arab Emirates’ biggest bank by assets, may sell four-year Swiss franc bonds, according to three people familiar with the plan.
The notes may be priced to yield about 3 percent to 3.125 percent, the people said, declining to be identified because the information is private. Credit Suisse Group AG is managing the sale of the securities, which will be priced tomorrow, they said.
To contact the reporter on this story: Arif Sharif in Dubai at asharif2@bloomberg.net
To contact the editor responsible for this story: Claudia Maedler at cmaedler@bloomberg.net
