29 Apr 2021 07:00
For Immediate Release
29 April 2021
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART, IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF SUCH JURISDICTION
NATS (En Route) plc (the "Issuer")
£300,000,000 1.750% SENIOR UNSECURED BULLET BONDS DUE 2033 and
£450,000,000 1.375% SENIOR UNSECURED AMORTISING BONDS DUE 2031
(THE "BONDS")
The Issuer today announces the pricing of £300,000,000 1.750% senior unsecured bullet bonds due 2033 and £450,000,000 1.375% senior unsecured amortising bonds due 2031. The Issuer intends to use the proceeds of the Bonds for the repayment of existing debt and general corporate purposes.
Settlement and delivery of the Bonds is expected to take place on or about 6 May 2021.
Important information
Please note that nothing in this document is intended to amount to an invitation or inducement to engage in investment activity. Nothing in this document amounts to the giving of advice. If you are in any doubt as to the action you should take, you should consult a professional adviser.
ENDS
Note to editors: For more information contact the NATS Press Office on 01489 615945 or email press.office@nats.co.uk.
About NATS
NATS is a leading air traffic management and solutions company, established in the UK in 1962 and operated as a partnership principally between the government and The Airline Group Limited since 2001.
NATS handled 2.6 million flights in 2019, before the pandemic, providing en-route air traffic management across the UK and the eastern North Atlantic from its centres at Swanwick, Hampshire and Prestwick, Ayrshire.
For more information visit the NATS website at www.nats.aero
89DG.L (89DG)