UAE's Emirates Development Bank hires arrangers for dollar bond | Reuters:
Emirates Development Bank (EDB), wholly owned by the federal government of the United Arab Emirates, has hired banks to arrange a series of fixed income investor meetings ahead of a potential sale of benchmark U.S. dollar-denominated five-year bonds, a document issued by one of the banks showed.
Emirates NBD Capital has been appointed as the financial adviser and, together with Standard Chartered, as joint global coordinators.
Emirates NBD Capital, Industrial and Commercial Bank of China Ltd, and Standard Chartered Bank have been hired as joint lead managers.
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