VOL. XXXIX
No. 40
1-July-1996
UAE
Second Tranche Of Emirates Loan Announced
British Bank of the Middle East (BBME), a subsidiary of HSBC Holdings, has lead managed a second tranche of loan finance for a Boeing 777 on behalf of Emirates Group, the wholly government-owned airline of the state of Dubai. The deal is worth $125mn, to be repaid over 12 years at a margin of 0.5% over LIBOR and mirrors a first $106.25mn loan for Emirates which was lead-managed by Citibank on the same terms...
Please log in to read the rest of this story.
You may purchase access to entire
MEES digital archives by subscribing.
This subscription gives you access to all the content of MEES digital archives up to 1978!