Gatwick senior gets soaring demand as A rated names hit euros

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By Mike Turner
08 Apr 2021

The short Easter week saw a timid showing of new high grade corporate issuance in the European market but investors snapped up the trades that were on screens.

Gatwick Airport got a soaring order book for its return to the senior funding market, weeks after the UK airport got chunky demand for its debut subordinated transaction.

The borrower, printing class 'A' debt through Gatwick Funding rated at Baa2/BBB/BBB+, opened books on a sterling benchmark April 2032 trade ...

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