DAA Finance plc Statement
EUR549,650,000 6.5872 per cent notes due 2018 of DAA Finance plc,
guaranteed by Dublin Airport Authority plc (ISIN:XS0375220588)
Change in Short Term Credit Rating of Dublin Airport Authority plc
Standard & Poor’s (“S&P”) Ratings Services has today raised its short-term corporate credit rating on Dublin Airport Authority plc (“DAA”) to ‘A-2’ from ‘A-3’ due to a change in criteria that links short-term and long-term ratings for corporate issuers through the use of liquidity descriptors. In addition, S&P affirmed the ‘BBB’ long-term corporate credit and issue ratings on DAA. The negative outlook remains unchanged.
Enquiries: Ray Gray, Group Chief Financial Officer, DAA
+353 1 814 5265/6
Richard Commins, Group Financial Controller, DAA
+353 1 814 5294