As noted on this news service yesterday, Ryanair’s second eight-year Eurobond transaction priced at a spread over mid-swaps of 67 basis points, after initial guidance of MS+80bps. The final coupon of 1.125% is the lowest ever Eurobond coupon in the airline sector for a tenor longer than five years...
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WILL THE MARKET UPTURN CONTINUE LONG ENOUGH FOR AMERICAN?
By
Dino D'Amore
18th November 2010