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Emirates rumour developments

Emirates rumour developments

Old Jan 4th 2009, 1:36 pm
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Default Emirates rumour developments

http://www.ameinfo.com/179944.html

Perhaps movement towards the AUH stake that was rumoured a couple of months ago?

CH
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Old Jan 4th 2009, 2:02 pm
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Default Re: Emirates rumour developments

Yeah I was told about this.
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Old Jan 4th 2009, 2:15 pm
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Default Re: Emirates rumour developments

Yeah - the emirates deal allegedly happened a few weeks ago. But AD is apparently not taking a stake in the airline.
 
Old Jan 4th 2009, 3:46 pm
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Default Re: Emirates rumour developments

More likely to be connected to a future IPO.
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Old Jan 4th 2009, 3:49 pm
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Default Re: Emirates rumour developments

Do they do this incase of bankruptcy?
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Old Jan 4th 2009, 4:59 pm
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Default Re: Emirates rumour developments

hard to tell..if they transfer ownership bondholders have the option to put back the debt they sold at par..would cost them alot of money right now in the current market to refinance
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