Friday 17 February 2012

UPDATE 1-Dubai's Emirates NBD hires banks for Swiss franc bond - sources | Reuters

Emirates NBD, Dubai's largest bank, is planning to issue a Swiss franc-denominated bond and has appointed two banks to look at the sale, banking sources said on Thursday.

One of the sources said the banks appointed are Credit Suisse and BNP Paribas.

"The two arrangers are appointed to assess the market, depending on the market conditions, the sale will be decided," he said.

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