Nadra Bank Completes Placement of USD 175 mln Eurobonds
25 June 2008
Nadra Bank (NADR), the country’s 9th largest bank by assets, has completed the placement of a three-year USD 175 mln Eurobond issue. The issue’s annual coupon is 9.25%. The deal was lead managed by HSBC Bank and UBS. Fitch Ratings assigned the Eurobonds a B- rating.
