MANAMA, Oct 8 (Reuters) - Dubai's Emirates airline has issued a $413.7 million bond to finance three Boeing 777-300ER aircraft at a fixed rate of 3.465 percent, the company said in a statement on Thursday.
The issue comes a week after United Arab Emirates carrier Etihad Airways signed $1 billion worth of export credit guarantees to finance eight aircraft.
The note issued by Emirates, which matures in 2021, was guaranteed by the Export-Import Bank of the United States. Goldman Sachs and Calyon acted as joint book runners.
Emirates has a $55 billion order book for planes from Boeing and Airbus and expects to receive about 10 planes a year.
(Reporting by Frederik Richter; Editing by Rupert Winchester) Keywords: EMIRATES BOND/ (frederik.richter@thomsonreuters.com; +973 1750 2031; Reuters Messaging: frederik.richter.thomsonreuters.com@reuters.net) COPYRIGHT Copyright Thomson Reuters 2009. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
The issue comes a week after United Arab Emirates carrier Etihad Airways signed $1 billion worth of export credit guarantees to finance eight aircraft.
The note issued by Emirates, which matures in 2021, was guaranteed by the Export-Import Bank of the United States. Goldman Sachs and Calyon acted as joint book runners.
Emirates has a $55 billion order book for planes from Boeing and Airbus and expects to receive about 10 planes a year.
(Reporting by Frederik Richter; Editing by Rupert Winchester) Keywords: EMIRATES BOND/ (frederik.richter@thomsonreuters.com; +973 1750 2031; Reuters Messaging: frederik.richter.thomsonreuters.com@reuters.net) COPYRIGHT Copyright Thomson Reuters 2009. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
© 2009 AFX News
