Middle Eastern carrier Emirates has closed a $1 billion bond issue.
The issue, which has a five-year maturity, will be listed on the London stock exchange. Emirates will use the proceeds for general corporate financing purposes.
The latest bond issue "received an overwhelmingly positive response from a very wide range of investors", said Emirates chairman Sheikh Ahmed Bin Saeed Al Maktoum.
Deutsche Bank, Emirates NBD, HSBC and Morgan Stanley acted as joint lead managers of the issue.