Etihad's ambitious structure stalled?
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Emerging MarketsEM Middle East

Etihad's ambitious structure stalled?

Etihad PA 230x150

Etihad Airways is hoping to raise more than $1bn in a structured deal that would help fund the company and several airlines in which it holds a stake. But bankers and investors are sceptical the borrower can sell such a complex transaction, writes Steve Gilmore.

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