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Aviation Debt Boom Rolls On as Mideast Tensions Ease Further

Aviation Debt Boom Rolls On as Mideast Tensions Ease Further
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Aviation Debt Boom Rolls On as Mideast Tensions Ease Further Athens International Airport SA and TAP Air Portugal are adding to a record start to the year for borrowing by the aviation sector globally, as the industry looks to navigate the impact of the Middle East war. Athens airport is making its debut in the euro bond market, seeking a benchmark sized seven-year deal with initial price discussion of around 135 basis points over mid-swaps, according to a person familiar with the matter who...

Aviation Debt Boom Rolls On as Mideast Tensions Ease Further Athens International Airport SA and TAP Air Portugal are adding to a record start to the year for borrowing by the aviation sector globally, as the industry looks to navigate the impact of the Middle East war. Athens airport is making its debut in the euro bond market, seeking a benchmark sized seven-year deal with initial price discussion of around 135 basis points over mid-swaps, according to a person familiar with the matter who asked not to be identified. The deal is expected to price later on Wednesday. [Image text:] HRPORIUGA 00000000000000000
Athens International Airport SA (LOCATION) TAP Air Portugal (ORG) the Middle East (LOCATION) Athens (LOCATION)
Originally published by Bloomberg Markets Read original →