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Published on 10/17/2023 in the Prospect News Emerging Markets Daily and Prospect News Liability Management Daily.

Dubai Aerospace reports minor repurchase of 2 5/8% notes due 2025

Chicago, Oct. 17 – Dubai Aerospace Enterprise (DAE) Ltd. reported a $500,000 repurchase of the 2 5/8% notes due 2025 issued by DAE Funding LLC (ISIN: US23371DAF15), according to a filing.

The repurchased notes will be canceled on Oct. 13.

From the original $500 million issue, there will be $464,871,000 of the notes remaining.

The aerospace company is wholly owned by the Investment Corp. of Dubai and is based in Dubai, United Arab Emirates.


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