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Mashreq Bank mulls US dollar-denominated bonds issuance

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The lender will meet investors in the UAE, Europe and Asia starting 10 February.

Thursday 07, February 2019 BY KUDAKWASHE MUZORIWA

Mashreq Bank has hired banks to arrange fixed income investor meetings ahead of a potential issue of five-year US dollar-denominated bonds, reported Reuters.

The bank has hired BNP Paribas, Commerzbank as well as Mashreq Bank, Nomura and Societe Generale as lead arrangers will for the meetings ahead of the potential issue which is expected to be of benchmark size.

TAGS : Mashreq Bank, BNP Paribas, Commerzbank, Societe Generale

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