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Emirates considers unsecured bond

10 February 2011

The Dubai carrier is looking at the capital markets to raise debt.

Read more: Emirates Dubai Unsecured Bond Emirates Bond Deutsche Bank HSBC Morgan Stanley

Emirates is looking at closing an unsecured bond by the end of the financial year (March 31), according to a source working on the deal.

While other sources close to the airline cannot confirm that banks have not been mandated for the transaction, but Deutsche Bank and HSBC have been mentioned as likely candidates.

This will be the first time the Dubai carrier goes to the capital markets for unsecured debt.

There is some debate, however, about...


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