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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.

Date: February 14, 2017
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