DAE raises $1.25 bln by promoting 4, seven-year greenback bonds-document

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DAE raises $1.25 bln by promoting 4, seven-year greenback bonds-document

DUBAI, Jan 13 (Reuters) - Plane leasing agency Dubai Aviation Enterprise has raised $1.25 billion v


DUBAI, Jan 13 (Reuters)Plane leasing agency Dubai Aviation Enterprise has raised $1.25 billion via the sale of 4 and 7 yr unsecured greenback bonds, in line with a doc seen by Reuters.

It offered $500 million in four-year bonds for two.625% and $750 million value of seven yr bonds had been offered at a coupon charge of three.375%, the doc confirmed.

Goldman Sachs, Morgan Stanley, Credit score Agricole, Emirates NBD Capital and Fifth Third Securities had been lively bookrunners for the deal, the doc mentioned.

(Reporting by Saeed Azhar; Enhancing by Alison Williams)

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