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Launch imminent for Dubai 2003 bond: five banks to arrange five-year, AFD 1,500 million bond. (Banking & Finance).

Publication: Meed Middle East Economic Digest
Publication Date: 31-JAN-03
Format: Online
Delivery: Immediate Online Access

Article Excerpt
UAE

The Dubai 2003 bond is set to be launched in February. A group of five banks has now been formally mandated to lead arrange the bond, which will be a five-year, local currency issue worth an estimated AED 1,500 million ($409 million).

The proceeds of the bond, the...

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