Emirates Airlines pulls Dubai CDS back to 2009
Emirates Airlines priced a $1bn five year note on Wednesday having tightened price guidance twice, pulling the Dubai five year CDS back to 320bp — a level not seen since before the Dubai World restructuring was announced in 2009 — and demonstrating the strong appetite for some Middle East corporates.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article: