Fraport enters the Schuldschein market for more
Fraport, which operates Frankfurt airport and has stakes in several other airports, has entered the Schuldschein market for a second time this year, with an initial target of €200m.
Arrangers BayernLB, DZ Bank and LBBW are offering six, eight and 10 years, at pricing margins of 50bp-60bp, 60bp-70bp and 70bp-80bp. The €200m initial size could rise, depending on demand.There is a German speaking investor call on August 8, with the order books closing twenty days later ...
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