Case Study

Isavia secures a €175 million Private Placement

Isavia operates Iceland's primary international airport Keflavik, manages the operations of all other airports in Iceland, and provides the air traffic control for the Icelandic control area.

Isavia

At a Glance

Isavia, the national airport and air navigation service provider of Iceland, was looking to diversify its funding profile with a private placement. In August 2023, the Company secured a €175 million Senior Unsecured private placement. PGIM provided €75 million across 10 and 12 year bullets maturing in 2033 and 2035.

We are proud to call Isavia a partner and look forward to supporting the business in the years to come.

Relationship since 2023
 
Transaction details:
  • €75 million Senior Unsecured Notes

    in a
  • €175 million Private Placement

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Daryl Skinner, CFA
Daryl Skinner, CFA

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Florian Seifert, CFA

Senior Director, Europe & UK Corporate Finance

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