Finnair completes tender offer

Finnair has successfully bought back €320.1 million in its tender offer from May 14 of its €400 million 4.250% notes due May 19, 2025. The purchase price of the notes was €1,005 per €1,000, with accrued and unpaid interest being paid for all notes accepted for purchase. Finnair stated that it intends to use the proceeds of the new notes, less costs and expenses, to fund the purchase of the notes accepted for purchase in the tender offer and refinancing and other general corporate purposes of the group. Finnair is utilising the tender offer to “proactively manage the debt portfolio