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Bank of Sharjah seeks approval for $1.5B bond issuance

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Bank of Sharjah seeks approval for $1.5B bond issuance

said April 6 thatit will seek shareholder approval at the April 30 annual general meeting toissue up to $1.5 billion, or the equivalent thereof, of senior unsecured bonds.

The bond issuance is also subjectto required regulatory approvals.