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Prospect News home > News index > List of issuers D > Headlines for Dubai Aviation Corp. > News item
Published on 10/16/2014 in the Prospect News Emerging Markets Daily.

FlyDubai plans sukuk bond for late 2014 or early 2015

By Christine Van Dusen

Atlanta, Oct. 16 – Dubai Aviation Corp. (FlyDubai) is looking to issue Islamic bonds in late 2014 or early 2015, a market source said.

Credit Agricole CIB, Dubai Islamic Bank, Emirates NBD, HSBC, National Bank of Abu Dhabi, Noor Bank and Standard Chartered Bank are the bookrunners for the sukuk issue.

The issuer is a low-cost airline.


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