Editorial Comment

Virgin Australia adds D tranche to its EEN

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Virgin Australia adds D tranche to its EEN

As indicated in the original prospectus for its US$732.623 million Enhanced Equipment Note (EEN) issuance, Virgin Australia has issued an extra US$64.6 million D tranche. Although this was expected due to the prospectus, the speed of the issuance has surprised the market, which is testament to the s...

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