The Banking Executive Magazine - September 2023 Issue

Emirates NBD Bank Emirates NBD Bank HIRES BANKS FOR DEBUT GREEN BOND ISSUE Emirates NBD Bank has mandated banks to arrange a global investor call on Monday as it prepares to issue its debut green bond, a docu- ment showed. Dubai's largest lender has hired Abu Dhabi Commercial Bank, BNP Paribas, Emirates NBD Capital, HSBC, ING and Standard Chartered Bank as joint lead managers and joint bookrunners. HSBC and ING will also act as joint sustainability structuring agents. Emirates NBD said it is planning to issue a benchmark-sized dollar-de- nominated 5-year green senior unse- cured bond under its $20 billion Euro Medium Term Note Pro- gramme, subject to market condi- tions. ISSUE 177 SEPTEMBER 2023 the BANKING EXECUTIVE 13