DAE Capital | Commercial loan | 04-24 | AED2.75bn | Transaction | Airfinance Journal

DAE Capital | Commercial loan | 04-24 | AED2.75bn

Dubai Aerospace Enterprise (DAE) has continued to use the commercial unsecured debt market by signing an AED2.75 billion ($749 million) five-year unsecured term loan with Emirates NBD Bank.

The loan will be used for general corporate purposes and to support the future financing needs of the business.


Deal Categories

Regions:
Middle East
United Arab Emirates
Tagged as:
Unsecured

Structure

Product category:
Other
Product type:
Aircraft purchase
Structure
Aircraft Purchase
Use of proceeds
Aircraft Purchase

Deal Categories

Regions:
North America
United States
Tagged as:
Secured
G8