DUBAI  - Emirates has signed a $750 million five-year, dual-tranche financing facility with Emirates NBD, Dubai's biggest lender, the bank said in a statement on Tuesday.

"The landmark transaction remains competitively priced and marks a first for Emirates Airline as a sales-receivable backed financing structure, aimed to diversify their liquidity pool," Emirates NBD said.

 

(Reporting by Yousef Saba; editing by Jason Neely) ((Yousef.Saba@thomsonreuters.com; +971562166204; https://twitter.com/YousefSaba))