Updated
Updated · Bloomberg · Apr 27
Emirates NBD plans first AT1 bond sale since war began
Updated
Updated · Bloomberg · Apr 27

Emirates NBD plans first AT1 bond sale since war began

8 articles · Updated · Bloomberg · Apr 27
  • The Dubai-based bank has hired arrangers for investor meetings in London and online to discuss a US dollar-denominated bond callable after six years.
  • This marks the first Additional Tier 1 bond issuance by a Middle Eastern lender since the outbreak of the war, signaling renewed confidence in regional debt markets.
  • AT1 bonds are considered the riskiest type of bank debt, and their issuance had paused in the region due to geopolitical tensions.
Could one bank's bond sale test the financial stability of the entire Middle East?
What does this risky bond sale signal about economic confidence during the Middle East war?
Why is a top bank issuing its riskiest debt during a regional war despite record profits?
Is a new high-risk bond from a war-torn region a golden opportunity or an investor's trap?
After the Credit Suisse debacle, can investors ever trust the world's riskiest bank bonds?