25th Mar 2021 15:44
(Alliance News) - International Consolidated Airlines Group SA on Thursday said it completed the EUR1.20 billion bond sale launched on March 18.
The offering, increased from the original size of EUR1.00 billion because of higher-than-expected demand, is made up of EUR500 million 4-year bonds and EUR700 million 8-year bonds. The 4-year bonds are priced at 2.75% and the 8-year bonds at 3.75%, according to last week's statement.
Shares in IAG were down 2.0% to 190.95 pence in London.
By Ivan Edwards; [email protected]
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