Ryanair (RYA.I) on Tuesday launched its first new bond sale in three years, offering investors 850 million euros ($1 billion) worth of five-year bonds, according to a lead manager memo seen by Reuters.
The bond will price for a yield of 3 per cent after receiving demand of 4.4 billion euros from investors, the lead manager of Europe’s largest low-cost carrier said on Friday. said. It will pay a coupon of 2.875 per cent, it added.
Ryanair hired Barclays, BNP Paribas and Citi for the s….. Read More On: Cyprus Mail
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