RYA.L Regulatory News (RYA)

RYANAIR EXTENDS UK CCFF FUNDING

Ryanair today (10 Mar.) announced that it has received approval to extend its £600m (unsecured) funding under the HMT and Bank of England CCFF for a further 12 months. The funds will be redrawn in the coming days, with the proceeds used for general corporate purposes.

Ryanair's balance sheet remains one of the strongest in the industry with a BBB credit rating (S&P and Fitch) and significant liquidity (the Ryanair Group expects to have over €3bn cash at its FY21 year end - 31 Mar. 2021). More than 80% of the Group's owned fleet is unencumbered (with a book value in excess of €7bn). 

For further information

please contact: Alejandra Ruiz Piaras Kelly

Ryanair DAC Edelman Ireland

Tel: +353-1-9451799 Tel: +353-1-6789 333

press@ryanair.com ryanair@edelman.com