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Nats ditches WBS to land unsecured debut

By Mike Turner
28 Apr 2021

Nats (En Route), the UK’s monopoly air traffic control operator, printed two unsecured bonds on Wednesday, rather than its more typical whole business securitization format of financing. Investors were enamoured with the rare chance to pick up a highly rated name with some unusual features.

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By Mike Turner
28 Apr 2021