Etihad said to be in talks on $1bn bond debut with potential investors | The National

Etihad said to be in talks on $1bn bond debut with potential investors | The National:



"Etihad Airways, which is seeking to raise about US$1 billion from its first bond issue, is reportedly in talks with potential investors.



This month, the carrier received its first credit rating, paving the way to access capital markets amid a row with its American rivals over claims that it received billions of dollars in government subsidies to help it compete. Etihad and its Arabian Gulf peers, Emirates and Qatar Airways, deny the allegations.



Yesterday, Reuters quoted two sources as saying that Etihad was planning to launch its bond through a special purpose vehicle housing its equity stakes in global airlines."



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