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FINANCIAL NEWS
Etihad Airways to issue USD1bn in planned Sukuk debut
08 Nov 2016
(MENAFN) Etihad Airways aims to issue a debut US dollar-denominated benchmark Sukuk and will talk with investors in the coming days to determine its size.
Accordingly, the planned Islamic bond could be large as USD1bn, while one banker involved in the transaction said Etihad has given no space indication of the size.
The airline, whose credit is rated A by Fitch, reported total profits of almost USD9bn in 2015, while at the end of last year it had 121 aircrafts.
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