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Clifford Chance: Emirates Islamic issues AED-denominated sukuk
Banking & Finance Banking & Finance United Arab Emirates

Clifford Chance: Emirates Islamic issues AED-denominated sukuk

suzan.taha@lcpublishinggroup.it 14 February 2023

International law firm Clifford Chance provided advisory services to Emirates Islamic, a prominent Islamic bank in the UAE and 99.9% owned by Emirates NBD Bank, for the issuance of AED 1 billion 5.050 per cent. sukuk that matures in February 2026. This is the first time a UAE Islamic financial institution has issued AED-denominated sukuk […]

Emirates NBD issues AED 1 Bil notes in AED denominated notes
Banking & Finance Banking & Finance United Arab Emirates

Emirates NBD issues AED 1 Bil notes in AED denominated

suzan.taha@lcpublishinggroup.it 11 January 2023

International law firm Clifford Chance has advised Emirates NBD on its issuance of AED 1 billion 5.125 per cent. notes due January 2026. In completing the transaction, Emirates NBD has become the first UAE financial institution to support the Federal Government’s UAE dirham Treasury Bonds Programme, through the issuance of AED-denominated notes priced relative to […]

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