Dubai’s Emirates NBD to raise $750 million in perpetual bonds: document

DUBAI (Reuters) – Emirates NBD , Dubai’s largest bank, is set to raise $750 million with perpetual bonds non-callable for six years, a document showed.

The bank is offering investors a 6.125% yield for the paper, which is similar to an equity instrument in that it has no maturity.

(Reporting by Davide Barbuscia; editing by Jason Neely)