British Airways Launches £603 Mln Asset-Backed Bond

26 Jun 2013

British Airways has launched a £603 million ($924.37 million) asset-backed bond using 14 Boeing and Airbus planes due for delivery over the next year as collateral, the first U.K. airline to do so.

British Airways has launched a £603 million ($924.37 million) asset-backed bond using 14 Boeing and Airbus planes due for delivery over the next year as collateral, the first U.K. airline to do so.

Click here to read the story from Reuters.

...

Already a subscriber?

Continue reading this article

Try full access to GlobalCapital

Free trial