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Islamic Finance Briefing - Categorized | Bonds (Sukuk), New Launches more

Waha to price bond this week, eyes $1.5 bln

Posted on 20 July 2010

From Tradearabia.com: Waha Aerospace, a unit of Abu Dhabi-based investment company Waha Capital plans to price its dollar bond - expected to raise up to $1.5 billion - this week, IFR, a unit of Thomson Reuters, reported on Monday.
The bond, to mature in 2020, will have an unconditional and irrevocable guarantee from the Abu Dhabi government, and will be used to help finance the purchase of six Boeing C-17 transport planes by the United Arab Emirates armed forces. Waha Capital was not immediately available to comment……………………………………….Full Article: Source

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