Bahrain Airshow Archives - Aviation News

Saudia to Sell Bonds to Buy Planes

2016-01-26

Reading Time: 2 minutes Saudi Arabia’s main airline said it’s planning to sell as much as SAR5 billion (US$1.3 billion) of Islamic bonds in the second quarter to refinance loans and buy planes, becoming the latest issuer in the kingdom to tap debt markets for cash amid an oil slump. The carrier known as Saudia is in negotiations with […]

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