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

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