Ryanair has launched a new benchmark eight-year Eurobond transaction. Price talk has been announced at around MS+80bps – pricing is expected later today. This latest issuance is part of Ryanair’s broader €3bn Euro Medium Term Note programme (EMTN). Citibank is an active bookrunner and Billing & Delivering agent on the transaction. BNP Paribas and Credit Agricole CIB are bookrunners. Ryanair, rated BBB+ by Standard and Poor’s and Fitch, debuted an €850million seven-year Eurobond in June 2014. That bond was eight times oversubscribed and raised a staggering €6 billion order book but was closed at €850 million from an initial launch
This content is restricted to site members.
If you are an existing user, please login below.
New users may register below.