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Wizz Air Holdings - Covid Corporate Financing Facility

RNS Number : 2628K
Wizz Air Holdings PLC
21 April 2020
 

Wizz Air Holdings Plc

 

Covid Corporate Financing Facility

 

Ticker: WIZZ

 

Geneva, 21 April 2020: Wizz Air Holdings Plc ("Wizz Air" or the "Company"), the largest low-cost airline in Central and Eastern Europe today announces that it has received confirmation that it is an eligible issuer under the UK Government's Covid Corporate Financing Facility (CCFF). Indicative issuing limits can be found on the Bank of England website:

 

https://www.bankofengland.co.uk/news/2020/march/the-covid-corporate-financing-facility 

 

Wizz Air remains focused on further strengthening the Company's robust balance sheet and excellent liquidity with €1.5bn of cash at the end of March 2020, one of the strongest in the airline industry.

 

 

ABOUT WIZZ AIR

Wizz Air, the largest low-cost airline in Central and Eastern Europe, operates a fleet of 121 Airbus A320 and A321 aircraft, one of the youngest airline fleets in the world and offers more than 710 routes from 25 bases, connecting 154 destinations across 45 countries. A team of dedicated aviation professionals delivers superior service and very low fares, making Wizz Air the preferred choice of 40 million passengers in the past 12 months. Wizz Air is listed on the London Stock Exchange under the ticker WIZZ.

 

 

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For more information:




Investors:

Evelin Horvath, Wizz Air

+41 22 555 9863




Media:

Tamara Vallois, Wizz Air:

+36 1 777 9324


Edward Bridges / Jonathan Neilan, FTI Consulting LLP:

+44 20 3727 1017




 


This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.
 
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Quick facts: Wizz Air Holdings

Price: 3284

Market: AIM
Market Cap: £3.38 billion
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