(Alliance News) - Ryanair Holdings PLC on Tuesday said it has issued a five-year euro-denominated bond, hot-on-the-heels of raising EUR400 million in a share placing.
The EUR850 million bond carries a fixed coupon of 2.875%, the Irish carrier said.
Chief Financial Officer Neil Sorahan said: "We are pleased to have accessed the unsecured Eurobond markets again. This EUR850 million transaction, which follows Ryanair's successful EUR400 million share placing last week, was multiple times oversubscribed and was keenly priced at a coupon of 2.875%."
Ryanair shares closed 1.9% lower at EUR11.62 each in London on Tuesday.
By Eric Cunha; ericcunha@alliancenews.com
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