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December 19, 2003 Friday Shawwal 24, 1424





$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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