Emirates | 06-05 | Sukuk | $550m | Transaction | Airfinance Journal

Emirates | 06-05 | Sukuk | $550m

HQ & Engineering Centre $550m

The issue, oversubscribed by almost 50 per cent, was closed at $550 million as originally targeted. The deal was a joint effort of a prestigious consortium of local, regional and international banks, led by Dubai Islamic Bank. The issue was managed by a six-member group of banks acting as Joint Lead Managers including DIB, National Bank of Abu Dhabi, Gulf International Bank B.S.C., Standard Chartered Bank, HSBC and UBS.


Deal Categories

Regions:
Middle East
United Arab Emirates
Tagged as:
Secured
Islamic
Debt Capital Markets

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