Emirates selects Deutsche Bank, HSBC and Morgan Stanley for bond sale

Emirates has reportedly selected Deutsche Bank, HSBC and Morgan Stanley for its bond sale (IFR Markets/Reuters, 10-Feb-2011). Emirates President Tim Clark reportedly commented: "We are testing the waters to see if something like this would work. It is an ongoing process and we do it all the time. There is no certainty whether or not a bond will be issued this year."