Dubai-Mubasher: Emirates NBD refused to comment on any reports regarding “individual transactions”, according to a bourse filing.
The statement follows press news that the bank is likely to ink a syndicated loan agreement for a period of three years within the next week.
The loan launched at $1.25 billion but could be increased to as much as $1.5 billion, banking sources earlier told Reuters.
The bank raised about $3.3 billion per annum over the last four years through a mix of public, private and bilateral market transactions, the statement highlighted.
