Dubai Aerospace Enterprise considers $500m bond raising - The National

Dubai Aerospace Enterprise considers $500m bond raising - The National:

"Dubai Aerospace Enterprise, the UAE aircraft lessor with a global fleet worth some $14 billion, is mulling an issuance of at least a $500 million sukuk, its chief executive said on Monday. The Dubai Government-controlled company, which became one of the largest leasers of aeroplanes in the world after acquiring Dublin-based Awas in August, may tap the market later this year or in 2019 depending on “market appetite”, Firoz Tarapore, chief executive of DAE, said on the sidelines of an aerospace conference in Abu Dhabi, without elaborating on the change in timeline or discussions with investors."



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