Air Canada Completes (Euro) 150 Million Unsecured Eurobonds Issue

1st Jun 2001

Air Canada announced today that it completed its
offering of (Euro) 150 million Eurobonds. The five year unsecured bonds were
sold in Euro-markets by a syndicate of banks led by Bayerische Landesbank and
will be traded publicly on the Frankfurt and Munich Exchanges.

The coupon is 10.00% per annum with the issue priced to provide proceeds
of over (Euro) 148 million before expenses.

Air Canada will use the net proceeds from the offering to refinance
existing debt and for general corporate purposes.



Recommended for you

Follow Breaking Travel News

Travel Events Calendar

Media Partnerships

Global Restaurant Investment ForumThe Hospitality & Tourism SummitCATHIC
ITB AsiaChina Outbound Travel & Tourism MarketThe Travel Marketing Store
Serviced Apartment SummitWorld Travel MarketIMEX
AHICWTTCRoutes Online
UBM Aviation