finance
Emirates NBD to Issue AT1 Bond, First by Middle Eastern Bank Since Start of Iran War
Emirates NBD has announced plans to issue an AT1 bond. This marks the first offering of such risky bank debt from a Middle Eastern lender since the Iran war began. The bank is actively looking to sell the bond.
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Emirates NBD plans to issue an AT1 bond, marking the first risky bank debt offering from a Middle Eastern bank since the Iran war began. The planned AT1 bond issuance represents the initial step by a lender in the region to offer this type of debt following the start of the conflict.
Emirates NBD is looking to sell an AT1 bond, aligning with its strategy to engage in such financial instruments amid the ongoing geopolitical situation.
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CorroborationLimited · 2 sources
