A document showed that Dubai Aerospace Enterprise, one of the world’s largest aircraft leasing companies, has appointed a group of banks to arrange calls with investors in fixed income instruments ahead of a planned issuance of dollar-denominated bonds.
The corporation, owned by the Government Investment Corporation of Dubai, has appointed BNP Paribas, Credit Agricole, Emirates NBD Capital, JP Morgan and Trust Securities, according to a document issued by one of the banks.
This will be followed by a standard size issuance with an indefinite term depending on market conditions. The corporation raised $1.25 billion in a two-tranche bond deal in January.
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