Emirates NBD launches 10-year Kangaroo deal

On 18 February, Emirates NBD (A3/A+) launched a new 10-year, senior-unsecured, Kangaroo transaction. Indicative price guidance for the forthcoming deal, which is expected to price on the day after launch, is 205-210 basis points area over semi-quarterly swap. ANZ, Emirates NBD, Mizuho Securities and Nomura are joint lead managers.