Dubai-based Emirates airline to issue $1 billion of Islamic bonds

By Christine Van Dusen

Atlanta, Feb. 20 – The United Arab Emirates-based Emirates is planning to issue $1 billion of Islamic bonds, a market source said.

The proceeds will be used to pay for delivery of superjumbo jets.

Other details were not immediately available on Friday.

Emirates is an airline based in Dubai.

© 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.