Munich Airport seeks cash in Schuldschein market

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By Silas Brown
09 Oct 2020

Munich Airport has launched a Schuldschein with an initial target of €200m, the first airport to enter the market since a flurry of deals in March as the coronavirus pandemic hit Europe.

Munich Airport has mandated DZ Bank and LBBW to arrange the deal with four, five, seven and 10 year tyu7ghytttttttranches. 

According to a term sheet seen by GlobalCapital, the spread range for the four year floating rate note is 80bp-95bp over six month Euribor, while the three fixed rate ...

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