DAA to clear the runway on €550 million debt refinancing

Authority goes on roadshow to test appetite for new bond issuance

Barry J Whyte

Chief Feature Writer @whytebarry
23rd May, 2016

The DAA -- formerly the Dublin Airport Authority -- will begin an investor roadshow this week as part of its plans to refinance its current debt before it starts the long mooted second runway in Dublin.

A subsidiary of DAA, which controls Dublin and Cork Airports, today announced plans to buy back “any and all” of its current €550 million bonds to help reorganise its balance sheet ahead of its plans to build the second...

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