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December 19, 2003
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Friday
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Shawwal 24, 1424
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$400m bond
DUBAI, Dec 18: Dubai government-owned Emirates airline said on Thursday it will issue a $400 million international seven-year bond in early 2004 with a floating rate interest.
Emirates is preparing for the bond initially to be listed in Luxembourg, an airline statement said. This will be the first time that Emirates will have a bond issue listed outside Dubai.—Reuters
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