Finnair Plc issues a senior unsecured bond of EUR 200 million (the “Bond”). The Bond matures on 29 March 2022, it bears a fixed annual interest at the rate of 2.250 percent and has an issue price of 99.925 percent. The bond is callable before its final maturity.
“Finnair’s prudent execution of its accelerated growth strategy and continued improvement in financial performance are reflected in pricing of the long-term funding. With this transaction, Finnair utilised the favourable market conditions and was able to lengthen the average maturity in its debt portfolio with competitive terms,” says Finnair’s CFO Pekka Vähähyyppä.
Application will be made for listing of the Bond on Nasdaq Helsinki Ltd. The proceeds from the Bond offering will be used to refinance some of Finnair’s existing indebtedness, including the partial redemption of the bond maturing in 2018, and for general corporate purposes.
Danske Bank A/S and Nordea Bank AB (publ) act as Lead Managers for the issue of the Bond.
Africa’s rapidly expanding urban youth population, rising middle class and accelerating infrastructure development are set to propel passenger traffic growth of nearly 6% per year through 2045,...
Textron Aviation announced that Starlink’s high‑speed internet solution is now available for Hawker 700, 800 and 900 series aircraft, following the Federal Aviation Administration’s a...
FlyBy Aviation Academy, one of the largest and most international EASA-approved pilot training organisations in Europe, is pleased to announce the start of a new pilot training course — internal...
AIRCAIRO, Egypt’s National growing Air-carrier, has signed a firm order for 15 Airbus A320neo aircraft at the El Alamein International Airshow 2026. The agreement marks an important mi...
