E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 1/16/2014 in the Prospect News High Yield Daily.

New Issue: Air Berlin prices €150 million tap of 8¼% notes due 2018 at 101.5

By Paul A. Harris

Portland, Ore., Jan. 16 - Air Berlin plc has priced a €150 million add-on to its 8¼% notes due in 2018 at 101.5, according to a company press release issued on Thursday.

The order book was closed early, the release stated.

Quirin Bank AG was the lead manager.

The issuer is a Berlin-based air carrier.

Issuer:Air Berlin plc
Amount:€150 million
Maturity:2018
Security description:Add-on to 8¼% notes due 2018
Lead manager:Quirin Bank AG
Coupon:8¼%
Price:101.5
Trade date:Jan. 16
Settlement date:Jan. 21

© 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.