Abu Dhabi’s Etihad Airways to sell dollar benchmark five-year sukuk

By Rebecca Melvin

New York, Oct. 27 – Abu Dhabi’s Etihad Airways – via Unity 1 Sukuk Ltd. – is planning to price a benchmark-sized offering of five-year, dollar-denominated Islamic bonds, or sukuk, according to a London Stock Exchange notice on Tuesday.

The bookrunners for the sukuk are Abu Dhabi Islamic Bank, Dubai Islamic Bank, Emirates NBD Capital. First Abu Dhabi Bank, HSBC, Standard Chartered Bank and Abu Dhabi Commercial Bank.

Etihad is an airline in the United Arab Emirates.

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