12.04.2012 - Emirates Sukuk yield maybe below that of region
Emirates may pay less than other Arabian Gulf corporate issuers to sell Islamic bonds after global borrowing costs declined and as the world's biggest international carrier benefits from passenger growth. The airline, which is considering refinancing $550 million (Dh2 billion) of sukuk maturing in June, may pay 339 basis points over similar maturity midswap rates, or about 4.55 per cent, according to the average estimate of four analysts...............................................Full Article: Source
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