ADP : Aéroports de Paris : ?800 million new bond issue
05/31/2012| 12:05pm US/Eastern
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On 31 May 2012, Aéroports de Paris launched a two-part bond issue for a total amount of €800 million with the following characteristics:
§ €300 million bond :
- format : fixed rate
- redemption: in fine
- coupon: 2.375%
- re-offer spread: 97 bp over mid swap
- maturity: 11 June 2019
§ €500 million bond :
- format : fixed rate
- redemption: in fine
- coupon: 3.125%
- re-offer spread: 135 bp over mid swap
- maturity: 11 June 2024
The net proceeds of the bond issue will be used to finance the current investment needs of Aéroports de Paris and to refinance the loan facility set up for the acquisition of the stakes in TAV Airports and TAV Construction.
Aéroports de Paris is rated A+ by Standard and Poor's.
Aéroports de Paris: €800m new bond issue:
http://hugin.info/145257/R/1616492/515570.pdf
This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients.
The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and other applicable laws; and
(ii) they are solely responsible for the content, accuracy and originality of the
information contained therein.
Source: Aéroports de Paris via Thomson Reuters ONE
HUG#1616492
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