IFLR1000

Airbaltic €200 million 6.75% bond issue

26/7/2019
Investment grade bond/note issue
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€ 200 million

$ 222.886 million

Completed

26/7/2019

Overview:

  • Latvian airline Airbaltic issued a €200 million bond.
  • The bond has 6.75% coupon, is due in 2024 and will be listed on Euronext Dublin stock exchange.
  • The bond is the largest ever corporate bond issue from Latvia, and Airbaltic is the first airline from Central and Eastern Europe to access the eurobond market.

Prin Shasiharan - Researcher

Jurisdictions:

United Kingdom
Latvia

Deal type:

Investment grade bond/note issue

Practice area:

Capital markets : Debt

Industry sector:

Aviation

Firms:
Cobalt

Party: Airbaltic (Issuer)

Lawyers: Edgars Lodziņš, Gatis Flinters

Dentons

Party: Airbaltic (Issuer)

Lawyers: David Cohen, Nick Hayday

Linklaters

Party: JPMorgan Chase (Global coordinator, Joint bookrunner)

Party: SEB (Joint bookrunner)

Sorainen

Party: JPMorgan Chase (Global coordinator, Joint bookrunner)

Party: SEB (Joint bookrunner)

Lawyer: Rūdolfs Eņģelis

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