E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Add to balance / Manage account  User:  Log out
Prospect News home > News index > List of issuers T > Headlines for Tenders > News item
Published on 9/24/2013 in the Prospect News Convertibles Daily and Prospect News Liability Management Daily.

British Airways holders convert all £350 million of 5.8% convertibles

By Tali David

Minneapolis, Sept. 24 - British Airways plc received bondholder conversion notices in respect of all its £350 million 5.8% convertible bonds due 2014, according to a filing with the London Stock Exchange.

As a result, British Airways will not redeem any of the bonds pursuant to the optional redemption notice in which it announced its intention tor redeem any outstanding bonds on Sept. 30.

The subsidiary of International Consolidated Airlines Group, SA is based in London.


© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.