MIDDLE EAST: Emirates reportedly seeking $1bn credit line

Emirates Airline is seeking to borrow up to US$1 billion through a revolvingcredit facility, Bloomberg has reported, citing three bankers who received requests from the carrier. The lenders were asked to propose conditions for the borrowing including the lifetime. The money would be used to fund aircraft purchases, they said.


Emirates Airline is seeking to borrow up to US$1 billion through a revolvingcredit facility, Bloomberg has reported, citing three bankers who received requests from the carrier. The lenders were asked to propose conditions for the borrowing including the lifetime. The money would be used to fund aircraft purchases, they said.