Wizz Air Holdings - Wizz Air Issues EUR 500m debut bond
Wizz Air Issues
Taking advantage of a strong underlying financing market and highly attractive pricing, Wizz Air intends to use the proceeds to further strengthen its leading liquidity position. Wizz Air is rated BBB- by S&P and Baa3 by Moody's. The offering was multiple times oversubscribed.
The Joint Bookrunners were Barclays, BNP Paribas, Citigroup and J.P. Morgan.
József Váradi, Wizz Air Chief Executive commented:
"We are pleased to announce our debut bond offering which demonstrates Wizz Air's access to alternative financing markets at highly attractive pricing. The proceeds will further strengthen Wizz Air's already excellent liquidity position providing continued flexibility to respond to growth opportunities, as well as providing additional financial resilience."
Wizz Air will announce its Q3 results for the three months ending
ABOUT WIZZ AIR
Wizz Air, the fastest growing and greenest European low-cost airline, operates a fleet of 136 Airbus A320 and A321 aircraft. 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 financial year F20 ending
- ENDS -
For more information:
| || || |
| || |
+41 22 555 9863
| || || |
| || |
+36 1 777 8418
+44 20 3727 1000
Quick facts: Wizz Air Holdings
Market Cap: -
NO INVESTMENT ADVICE
The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...FOR OUR FULL DISCLAIMER CLICK HERE