DUBAI: Etihad Airways Partners, a funding vehicle for Etihad Airways and airlines in which it has equity stakes, is looking to set a coupon of around 7 percent on a five-year debut bond issue to be priced this week, lead arrangers said on Monday.

The dollar-denominated offering will be benchmark sized, the statement from the lead arrangers also said.

Benchmark size for an issuer without an investment grade rating - Etihad Airways Partners is rated six notches below that level - is understood to mean in excess of $300 million. Goldman Sachs, ADS Securities and Anoa Capital are arranging the transaction.

Copyright Reuters, 2015