Finance

EMIRATES REPAYS $500 MILLION BOND ON SCHEDULE

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EMIRATES REPAYS $500 MILLION BOND ON SCHEDULE

Emirates airline announced yesterday that it has repaid a $500m bond in full on its maturity date March 24, 2011. According to a statement by the world’s third largest carrier, the bond, listed on the Luxembourg Stock Exchange, was originally issued in 2004 with a seven-year term. “The repayment...

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