Dubai – Dubai Aerospace Enterprise (DAE) Ltd. announced that the Note Receivable from certain shareholders with a remaining principal balance of approximately US$810 million was prepaid in full, in cash.
Dubai Aerospace Enterprise (DAE) Ltd. is a globally recognized aerospace corporation and one of the largest aircraft leasing companies in the world. Headquartered in Dubai, DAE’s leasing and engineering divisions serve over 125 airline customers around the world from its seven locations in Dubai, Dublin, Amman, Singapore and the US.
DAE’s award-winning leasing division DAE Capital has an owned, managed, and committed to own and manage fleet of approximately 410 Airbus, ATR and Boeing aircraft with a fleet value exceeding US$15.5 billion. More information can be found on the company’s web site at www.dubaiaerospace.com.
For further information, please contact:
MediaFixed Income InvestorsArne BevaartSinan Kahya+971 4 428 9591+971 4 428 firstname.lastname@example.org@dubaiaerospace.com© Press Release 2020
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