Gatwick safely lands 22 year sterling deal

Gatwick Airport
By Nigel Owen
21 Sep 2017

Gatwick Airport brought the second sterling investment grade corporate bond of the week on Thursday, following Pennon’s £300m hybrid on Monday.

Gatwick plumped for a 22 year tenor for its latest offering to sterling investors. The 2039 maturity slots into Gatwick’s curve between its 2037 and 2041 maturities issued on its first two visits to the market, in 2011 and 2012.

Lead managers Crédit Agricole, JP ...

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