Emirates said yesterday that it issued a $413.7 million US bond offering guaranteed by the US Export Import Bank to finance the delivery of three 777-300ERs. The secured notes are due Aug. 21, 2021, and payable in installments of principal and interest on a quarterly basis, the airline said. "This transaction is very important for the industry as it represents the first offering of its kind directly into the global public capital markets," Senior VP-Corporate Treasury Brian Jeffrey stated. ...

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