Ryanair bond issuance

Eleanor Steed
By Eleanor Steed February 20, 2017 10:42

Ryanair bond issuance

Last week, Ryanair issued €750 million new, BBB+ rated senior unsecured notes to the market. The notes, which are guaranteed by Ryanair Holdings plc, priced with a coupon of 1.125% and mature in August 2023. The issuance forms part of Ryanair €3bn euro medium-term note programme. The proceeds of the notes will be used for general corporate purposes, including enhancing liquidity.

Bookrunners are BNP Paribas, Citigroup and Credit Agricole CIB.

Eleanor Steed
By Eleanor Steed February 20, 2017 10:42