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Emirates: issuance of the certificates will be used to fund the acquisition of airplanes

Dubai, UAE - The delivery of four A-380/800 aircraft is expected in April, May, June and july 2015

Emirates announced the successful pricing of over USD 913 million certificates due 2025 (the “Certificates”) issued by Khadrawy Limited and with the benefit of a guarantee by Her Britannic Majesty’s Secretary of State acting by the Export Credits Guarantee Department of the UK Government (currently operating as UK Export Finance) (“ECGD” or “UKEF”) (the “ECGD Guarantee”). The proceeds from the issuance...

fra/pec - 1167430

AVIONEWS - World Aeronautical Press Agency
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