Ryanair lists €750m bond on the Main Securities Market
Ryanair has listed a €750m bond on the Irish Stock Exchange (ISE). The bond, due 2023, has a fixed coupon rate of 1.125% and is listed on the Main Securities Market (MSM).
The listing is the third in a series of debt issuances from Ryanair’s €3bn Euro Medium Term Note Programme. Ryanair, which is headquartered in Dublin, has its primary equity listing on the Irish Stock Exchange and has a market capitalisation €18.3bn (16 February 2017). The airline carries 119m people each year on more than 1,800 flights from 86 bases.
Aviation security listings on the ISE
Ryanair joins a number of aviation issuers listing debt on the ISE’s international bond markets including Alitalia, Iberia, British Airways and Emirates. Ireland is considered the leading centre globally for international aviation with over 50% of aircraft leasing worldwide led by companies based in Ireland.
- Final terms for the Ryanair €750m bond listing
- Details of the Ryanair €3bn Euro Medium Term Note Programme