| Add to balance / Manage account | User: | Log out |
| Prospect News home > News index > List of issuers B > Headlines for BAA (SH) Ltd. > News item |
BAA redeems £10.2 million of 5 3/8%, 7 1/8% Heathrow Finance bonds
By Tali Rackner
Norfolk, Va., April 1 – BAA (SH) Ltd. announced the redemption of £10,201,000 of Heathrow Finance plc’s bonds, according to two notices.
On March 27, the company redeemed £3,448,000 of 5 3/8% notes due Sept. 9, 2019 (ISIN: XS0864352504) and £6,603,000 of 7 1/8% notes due March 1, 2017 (ISIN: XS0555678597).
It redeemed an additional £150,000 of the 7 1/8% notes on March 31.
Following the transactions, £263,656,000 remains outstanding under the 5 3/8% notes and £295,696,000 remains outstanding under the 7 1/8% notes.
The company is a Hounslow, England-based holding company of BAA (SP) Ltd., which is in turn the holding company of a group of companies that owns Heathrow and Stansted airports.
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.