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Heathrow Funding plans euro-denominated bond via five bookrunners
Chicago, March 30 – Heathrow Funding Ltd. is in the market with a euro-denominated fixed-rate bond with a 9.5-year tenor, according to a stabilization announcement.
The notes will be guaranteed by Heathrow Airport Ltd., Heathrow (AH) Ltd., Heathrow (SP) Ltd. and Heathrow Express Operating Co. Ltd.
BNP Paribas, BofA Securities, Deutsche Bank, Lloyds and Morgan Stanley are bookrunners for the notes.
The issuer is the financing arm for LHR Airports Ltd., which operates airports that include London Heathrow Airport Ltd.
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