Finance

DAE in early redemption of notes; prices new MTN issue

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DAE in early redemption of notes; prices new MTN issue

Dubai Aerospace Enterprise (DAE) has delivered a notice of early redemption to the holders of the company’s US$500 million 5.75% senior notes due 2023. The redemption date is scheduled for March 1, 2021. The outstanding principal amount as of the date of the Redemption Notice was approximately US$...

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