Emirates, the biggest airline by international traffic, may refinance US$550m of bonds maturing in June, as borrowing costs decline, a company executive said.
“The market is awash with funds,” Gary Chapman, president of the airline’s travel service unit dnata, said in a phone interview today. “At the moment the market is looking pretty attractive for good credit and there are funds available at relatively attractive pricing,” said Chapman, who also is responsible for finance at the company………………………………………..Full Article: Source