Lessors DAE, SMBC Boost Balance Sheets With New Bond Placements

DAE 737 MAX
Credit: Boeing
Lessor Dubai Aerospace Enterprise (DAE) is tapping the international debt markets for the second time in 2021. The company announced June 16 the planned issue of $1 billion in bonds, scheduled to mature on Aug. 1, 2024. “The notes represent senior unsecured obligations and will be issued under DAE’s...

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