DUBAI, Oct 5 (Reuters) – Emirates has signed a $750 million five-year, dual-tranche financing facility with Emirates NBD, Dubai’s biggest lender, the bank said in a statement on Tuesday.
“The landmark transaction remains competitively priced and marks a first for Emirates Airline as a sales-receivable backed financing structure, aimed to diversify their liquidity pool,” Emirates NBD said.
(Reporting by Yousef Saba; editing by Jason Neely)
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