Wizz Air has launched a €3bn European medium term note (MTN) programme, which has been provisionally rated Baa3 by Moody’s and BBB- by Fitch Ratings. Wizz Air has applied for the notes issued under the programme to be admitted to listing on the Irish Stock Exchange – Euronext Dublin – but states that they may also issue unlisted notes. Barclays, BNP Paribas and Citigroup are arrangers and dealers. Meanwhile, Wizz Air CEO József Váradi has hit out at the European Commission’s plan to end the current waiver from the 80-20 use-it-or-lose-it rule for airport slots. He considers the waiver as

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