Alitalia lists €375m debt on the Irish Stock Exchange
Alitalia, Italy’s leading air carrier and Europe’s 10th largest airline, has listed a €375m debt security on the Irish Stock Exchange (ISE). The notes, due 2020 with a coupon rate of 5.25%, are listed on the Main Securities Market (MSM).
This is the first debt issuance from Alitalia since Etihad Airlines, the national airline of the United Arab Emirates, purchased a 49% stake in the company.
This corporate debt issuance joins a number of Italian companies who have recently listed on the ISE including Radiotelevisione Italia (RAI), Fiat Chrysler, CNH Industrial, and Enel.