Tag: Firoz Tarapore

DAE to acquire order book of 64 Boeing 737 MAX aircraft from CALC

Dubai Aerospace Enterprise (DAE) Ltd today announced that an affiliate had signed a definitive agreement to acquire the rights, interests, and obligations of a portfolio of 64 Boeing 737 MAX aircraft from a wholly-owned subsidiary of China Aircraft Leasing Group Holdings Limited (“CALC”). The...

DAE increases bond repurchase program by US$300 million

Dubai Aerospace Enterprise (DAE) Ltd announced today that its Board of Directors and Shareholders had authorized an additional US$300 million for bond repurchases to be conducted through open market transactions. To date, DAE has repurchased approximately US$1.13 billion of principal amount of it...

DAE signs $300 million 5-year dual tranche unsecured term financing facility

Dubai Aerospace Enterprise (DAE) Ltd. has announced that it has signed a US$300 million 5-year dual tranche unsecured term financing facility with Emirates Islamic and Emirates NBD Capital, the investment banking arm of Emirates NBD. The facility will contain a conventional and an Islamic tranche ...

DAE signs new US$300 million 4-year unsecured term loan

Dubai Aerospace Enterprise (DAE) Ltd. announced today that it has signed a US$300 million 4-year unsecured term loan with China Construction Bank (DIFC Branch) and China Construction Bank (Asia) Corporation Limited. The principal amount of the loan can be increased to $500 million. The loan will ...

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