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EDB closes first federal entity issuance of $750m bond
Emirates Development Bank, rated AA- by Fitch, has successfully closed a $750 million five-year senior bond, according to statement released on WAM on Saturday A development bank fully owned by the UAE federal government, Emirates Development Bank (EDB), launched its debut $750m five-year bond issue at 3.516 per cent coupon…
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Click here to read the full story: Gulf News