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Emirates Development Bank gets into debt finance to fund more UAE businesses
EDB asked for $750 million and eventually got it, no problem, as the bank’s debt was assigned the fourth-highest investment grade from Fitch Ratings. EDB has a $3billion Euro Medium Term Note (EMTN) program EDB will launch a $272 mn investment fund for start-ups and SMEs in 2022 targeting industries…
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Click here to read the full story: Ameinfo