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Emirates NBD prices 10-year A$450M kangaroo bond

Emirates NBD Bank PJSC issued a A$450 million bond as part of a A$1.5 billion kangaroo bond program, Reuters reported, citing a document from one of the banks leading the deal.

The bond has a maturity of 10 years and carries a coupon of 4.75%.

Emirates NBD Capital, Nomura and Australia and New Zealand Banking Group arranged the issuance.