Dubai Aerospace plans sukuk issue by mid-2018

Dubai Aerospace plans sukuk issue by mid-2018:

"Dubai Aerospace Enterprise (DAE) intends to tap the Islamic bond market within the next nine months as part of a strategy to diversify the company’s funding, its chief executive said on Monday. The Dubai government-controlled company became one of the world’s largest aircraft lessors in August after acquiring Dublin-based AWAS. DAE Chief Executive Firoz Tarapore told Reuters that the company intended to issue a sukuk “very soon”. Asked if that could take place by the middle of 2018, Tarapore answered “most definitely.”"



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