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Emirates repays bond and looks to Islamic debt

18 June 2012

Emirates has repaid $550million Sukuk, and looks to further Islamic financing.

Read more: Emirates bond Sukuk bond Islamic bond Islamic financing

Dubai’s flagship carrier, Emirates Airlines, ended speculation over a $550 million Islamic bond maturing this month, and has repaid...


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BBAM / 06-13 / JOL / 1x787 19/06/2013
Borrower BBAM
Overall Arrangers KfW IPEX
Assets 787-8
Jazeera / 06-13 / Aircraft secured Loan / 3xA320 19/06/2013
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Synergy / 11-12 / PDP finanacing / 8xA330 19/06/2013
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Amount $m263
Assets A330-200

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“At the current pricing it will become attractive again to issue Ex-Im-guaranteed bonds. This will help stabilize and drive pricing down from where it is now.”

Kostya Zolotusky, managing director, capital markets, Boeing Capital, says about the price of export credit.


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