DAA Finance Plc Statement
January 17, 2012
DAA Finance PLC
17 January 2012
DAA Finance plc
EUR549,650,000 6.5872 per cent notes due 2018 of DAA Finance plc, guaranteed by Dublin Airport Authority plc (ISIN:XS0375220588)
On January 13, 2012, Standard & Poor’s Ratings Services (“S&P”) revised the rating of Ireland (BBB+/A-2) from CreditWatch with negative implications to negative.
Consequent upon Ireland’s sovereign rating outlook change, due to the fact that S&P applies its government related entity criteria to Dublin Airport Authority plc (“DAA”), on January 17, 2012, S&P also revised DAA’s corporate credit rating (BBB/A-3) from CreditWatch with negative implications to negative.
17 January 2012
Enquiries:
Ray Gray, Director, DAA Finance plc
Telephone number: +353 1 814 5265
ray.gray@daa.ie
Richard Commins, Group Financial Controller, Dublin Airport Authority plc
Telephone number: +353 1 814 5294
richard.commins@daa.ie
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