All material subject to strictly enforced copyright laws. © 2022 Euromoney Institutional Investor PLC group
Corporate BondsHigh grade and crossover bonds

Nats ditches WBS to land unsecured debut


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.

Unlock this article.

The content you are trying to view is exclusive to our subscribers.

To unlock this article:

Take a Free Trial or Login