On 31 May 2012, Aéroports de Paris launched a two-part bond issue for a total amount of €800 million with the following characteristics:
§ €300 million bond :
- format : fixed rate
- redemption: in fine
- coupon: 2.375%
- re-offer spread: 97 bp over mid swap
- maturity: 11 June 2019
§ €500 million bond :
- format : fixed rate
- redemption: in fine
- coupon: 3.125%
- re-offer spread: 135 bp over mid swap
- maturity: 11 June 2024
The net proceeds of the bond issue will be used to finance the current investment needs of Aéroports de Paris and to refinance the loan facility set up for the acquisition of the stakes in TAV Airports and TAV Construction.
Aéroports de Paris is rated A+ by Standard and Poor's.
