Dubai Aerospace Enterprise (DAE) has issued $650 million five-year certificates through DAE Sukuk.
The proceeds will be used for general corporate purposes.
The transaction was rated BBB by Fitch Ratings.
Active bookrunners were Emirates NDB Capital, First Abu Dhabi Bank, Goldman Sachs International, and HSBC.
Passive bookrunners or managers were Abu Dhabi Commercial Bank, Ajman Bank, Bank ABC, BNP Paribas, Credit Agricole CIB, Dubai Islamic Bank, Fifth Third Securities, JP Morgan Securities, Mizuho, Natixis, and Truist Securities.