Dubai Aerospace talks three-year notes at Treasuries plus 175 bps area

By Rebecca Melvin and Cristal Cody

Concord, N.H., June 15 – Dubai Aerospace Enterprise (DAE) Ltd. was talking a three-year offering of notes to yield Treasuries plus 175 basis points area, according to a market source on Tuesday.

The issuer is DAE Funding LLC.

First Abu Dhabi Bank, Fifth Third/MB Financial, Goldman Sachs, HSBC, Mizuho, Morgan Stanley and Natixis are bookrunners of the notes due Aug. 1, 2024.

The aerospace company is wholly owned by the Investment Corp. of Dubai and is based in Dubai, United Arab Emirates.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.