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Prospect News home > News index > List of issuers E > Headlines for Emirates Airline > News item
Published on 6/8/2005 in the Prospect News Emerging Markets Daily.

Emirates Airline to sell $550 million of seven-year Islamic bonds at Libor plus 75 bps

By Reshmi Basu

New York, June 8 - Emirates Airline plans to sell $550 million of seven-year Islamic bonds, according to market sources.

One source said guidance had been set for the Sukuk bonds at Libor plus 75 basis points.

Standard Chartered Bank, Dubai Islamic Bank and HSBC are managing the sale.

The airline is based in Dubai.


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