Etihad Airways Partners to raise at least $500m via bond
Price guidance for the five-year bond was maintained in the area of 7 per cent
Etihad Airways Partners, a funding vehicle for Etihad Airways and airlines in which it has equity stakes, will raise at least $500m via its debut bond issue, which is expected to price later on Tuesday, lead arrangers said.
Price guidance for the five-year bond was maintained in the area of 7 per cent, the statement from the lead arrangers said, adding that order books will go at 1300 London time.
Goldman Sachs, ADS Securities and Anoa Capital are arranging the transaction.