IAG bags €1bn at tiny coupons in aggressive CB to refi Aer Lingus

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IAG bags €1bn at tiny coupons in aggressive CB to refi Aer Lingus

AerLingus aeroplane 230x150

International Airlines Group, the company that owns British Airways and Iberia, issued a highly successful €1bn convertible bond on Thursday, to refinance its acquisition of Aer Lingus, the Irish flag carrier.

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