AirBaltic raises US$223m in bond offering
AirBaltic has placed E200m (US$223m) in bonds, which will be listed on the Euronext Dublin stock exchange, generating funds for the airline’s general liquidity and fleet expansion. The 6.75% 5-year bond offering was over-subscribed, attracting more than 100 investors from 25 countries. AirBaltic said there was “solid demand” from the Baltics and Nordics. “Not only have we issued the largest bond of any company in the history of Latvia, airBaltic also became the first airline in Central and Eastern Europe to access the international debt capital markets with a Eurobond offering. Investors have clearly shown that they see AirBaltic’s strategy as mature and strong,” CE Martin Gauss said. <br/>
https://portal.staralliance.com/cms/news/hot-topics/2019-07-26/unaligned/airbaltic-raises-us-223m-in-bond-offering
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AirBaltic raises US$223m in bond offering
AirBaltic has placed E200m (US$223m) in bonds, which will be listed on the Euronext Dublin stock exchange, generating funds for the airline’s general liquidity and fleet expansion. The 6.75% 5-year bond offering was over-subscribed, attracting more than 100 investors from 25 countries. AirBaltic said there was “solid demand” from the Baltics and Nordics. “Not only have we issued the largest bond of any company in the history of Latvia, airBaltic also became the first airline in Central and Eastern Europe to access the international debt capital markets with a Eurobond offering. Investors have clearly shown that they see AirBaltic’s strategy as mature and strong,” CE Martin Gauss said. <br/>
