Edition:
India

IAG Announces Issue Of 2 Tranches Of Senior Unsecured Bonds


Friday, 28 Jun 2019 

June 28 (Reuters) - International Consolidated Airlines Group SA ::INTL CON AIRLINE GRP - ISSUE OF TWO TRANCHES OF SENIOR UNSECURED BONDS.FIRST TRANCHE HAS A PROPOSED INITIAL PRINCIPAL AMOUNT OF APPROXIMATELY EUR 500 MILLION DUE 4 JULY 2023.ANNOUNCES TODAY ISSUE OF TWO TRANCHES OF SENIOR UNSECURED BONDS.SECOND TRANCHE HAS A PROPOSED INITIAL PRINCIPAL AMOUNT OF APPROXIMATELY EUR 500 MILLION DUE 4 JULY 2027.IN ANY EVENT, AGGREGATE PRINCIPAL AMOUNT OF BONDS SHALL NOT EXCEED EUR 1 BILLION.FINAL TERMS OF BONDS ARE EXPECTED TO BE DETERMINED AND ANNOUNCED SHORTLY AND SETTLEMENT IS EXPECTED TO TAKE PLACE ON OR ABOUT 4 JULY 2019.BONDS WILL BE ISSUED AT 100 PER CENT. OF THEIR PRINCIPAL AMOUNT.