Aéroports de Paris (ADP) has launched a two-part bond issue for a total amount of €2.5 billion ($2.8 billion).
The first issuance consists of a €1 billion ($1.1 billion) bond with a payment date of April 2. The 6.5-year bond is set to mature on Oct. 2, 2026.
The second issuance consists of a €1.5 billion ($1.7 billion) fixed-rate bond with a duration of 10 years. The payment date is April 2, 2020, and it will reach maturity on April 2, 2030.
ADP develops and manages Parisian airports, including Paris–Charles de Gaulle, Paris–Orly and Paris–Le Bourget. In 2019, Paris Aéroport transported more than 108 million passengers and 2.2 million metric tons of freight and mail at Paris–Charles de Gaulle and Paris–Orly, and more than 110 million passengers in airports abroad.
The group is pursuing its strategy of adapting and modernizing its terminal facilities and upgrading its services. The group also intends to develop its retail and real estate
