easyJet issues €500 million of debt

easyJet has priced the issue of €500 million 1.125% bonds maturing in October 2023. The bonds have been rated Baa1 (stable) by Moody’s and BBB+ (stable) by Standard & Poor’s and were issued on 11 October 2016. “The successful placing of this bond shows the market’s belief in easyJet’s balance sheet and its confidence in the strength of our strategy of long term profitable growth,” said Andrew Findlay, easyJet’s chief financial officer. EasyJet issued its debut six-year euro bond in February, which priced at 1.75% and was several times oversubscribed. Bookrunners on that issuance were Bank of America Merrill Lynch,