Emirates NBD Hires Banks for Chinese Renminbi Bond Meetings
February 20, 2012, 11:44 PM ESTBy Arif Sharif
Feb. 20 (Bloomberg) -- Emirates NBD PJSC, the United Arab Emirates’ largest bank by assets, said it hired banks to arrange investor meetings in Hong Kong and Singapore for an offering of an offshore Chinese renminbi-denominated bond.
The meetings will start Feb. 22, it said in an e-mailed statement today. The bank hired Emirates NBD Capital Ltd., HSBC Holdings Plc. and Standard Chartered Plc to arrange the meetings. The bond offer is subject to market conditions and will be under Emierate NBD’s $7.5 billion EMTN programme, it said in the statement.
To contact the reporter on this story: Arif Sharif in Dubai at asharif2@bloomberg.net
To contact the editor responsible for this story: Inal Ersan at iersan@bloomberg.net
