IN BRIEF: Ryanair issues EUR1.2 billion 5-year eurobond

Ryanair Holdings PLC - Irish airline - Issues 5-year EUR1.2 billion eurobond at a fixed coupon of 0.875%. The joint bookrunners were BNP Paribas, Citigroup and Commerzbank.

"We are pleased with the success of our latest, low-cost, unsecured bond issue. This EUR1.2 billion transaction, which was multiple times oversubscribed, was keenly priced at a coupon of 0.875%," Chief Financial Officer Neil Sorahan says.

Current stock price: EUR16.63, up 1.1% on Tuesday

Year-to-date change: up 1.0%

By Paul McGowan; paulmcgowan@alliancenews.com;

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