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Ryanair Hold. Plc — Capital/Financing Update 2021
May 18, 2021
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Download source fileauthor: Sorahan, Neil
date: 2021-05-18 14:59:00+00:00
RYANAIR ISSUES EUR1.2bn EUROBOND AT 0.875% FIXED FOR 5 YEARS
Ryanair today (18 May) announced that it has issued a 5 year, €1.2bn, Eurobond at a fixed coupon of 0.875%. Ryanair is rated BBB by both S&P and Fitch Ratings. The bond will be listed on the Irish Stock Exchange (Euronext) which offers access to both Europe and the rest of the world. The joint bookrunners were BNP Paribas, Citigroup and Commerzbank.
Ryanair’s Group CFO, Neil Sorahan said:
“We are pleased with the success of our latest, low-cost, unsecured bond issue. This €1.2bn transaction, which was multiple times oversubscribed, was keenly priced at a coupon of 0.875%.”
For further information
please contact:
Edelman Ireland Peter Larkin (Head of Investor Relations)
Tel.: +353-1-5921330 Tel.: +353-1-9451212