Flydubai in sukuk talks | GulfNews.com:
"Low-cost carrier flydubai is in talks with its advisers for a potential bond issuance, the airline said on Wednesday after earlier reports the airline had pooled together banks for a debut sukuk.
“As part of the diversification of our strategy, we are in discussion with our advisers to explore the possibility of issuing a bond and we will continue to explore all financing options available to us,” the airline said in an emailed statement to Gulf News.
Reuters earlier reported, citing unnamed sources, Dubai’s low cost airline had mandated seven banks — Credit Agricole, Dubai Islamic Bank, Emirates NBD, HSBC, National Bank of Abu Dhabi, Noor Bank and Standard Chartered — to arrange a potential debut sukuk issue."
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