by Chris Reich
Jun 15, 2021 1:37 PM ET
DAE Funding LLC (DUBAEE) exp Baa3/NR/BBB- US$1bn 144A/3c7/Reg S 3y sr notes due 8/1/24. BNP/CACIB/Emirates NBD Capital/JPM (B&D)/TSI joint active books. FITB/FADB/GS/HSBC/Miz/MS/Natixis joint leads. Co-mgrs: Bank ABC, Commercial Bank of Dubai, DB, Gulf International. Optional redemption: Issuer par-call on 01 July 2024 and any date thereafter up to (but excluding) the Maturity Date. Gtd by Dubai Aerospace Enterprise (DAE) Ltd. List Nasdaq Dubai. English Law. Pricing today. Settle 6/22 (T+5).
IPTs: T+175 area.
REVISED IPTs: T+155 area. Books are going subject at 10:00am EST.
LAUNCHED: $1bn 3y at T+140