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by Legal Desire
24 January 2026

Clifford Chance has advised on the issuance of Emirates NBD’s inaugural Digitally Native Notes denominated in AED and clearing through Euroclear D-FMI

Advising firms

Deal team

9 lawyers named
LawyerFirmSeniorityPracticeOffice
Stuart Ure Lead Clifford Chance Partner Capital Markets Middle East
Alexander Tollast Clifford Chance Counsel Not stated Not stated
Alekhya Prakash Clifford Chance Counsel Not stated Not stated
Veronica Valerio Clifford Chance Associate Not stated Not stated
Alvin Boateng Clifford Chance Trainee Not stated Not stated
Lea Assaf Clifford Chance Trainee Not stated Not stated
Bruce Kahl Clifford Chance Partner Not stated Not stated
Andrew Whelan Clifford Chance Not stated Not stated Not stated
Callum Florence Clifford Chance Not stated Not stated Not stated

Stated terms

Stated value
AED 1bn (AED 1,000,000,000)
What the figure measures
Issue size
Client
Emirates NBD Bank PJSCIssuer
Counterparties
ENBD Capital (Other)
First Abu Dhabi Bank (Other)
Mashreqbank (Other)
Standard Chartered Bank (Other)
Citibank N.A., London Branch (Other)