DAA Finance plc Statement
November 6, 2014
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)
Credit Rating Upgrade
Standard & Poor’s Ratings Services (“S&P”) yesterday raised Dublin Airport Authority plc’s (“DAA”) long term corporate credit rating to ‘BBB+’ from ‘BBB’ and reaffirmed the ‘A-2’ short-term corporate credit rating. The outlook is stable.
In addition, S&P raised the issue rating on DAA Finance plc’s €549,650,000 6.5872 per cent. notes due 2018, guaranteed by DAA, to ‘BBB+’ from ‘BBB’.
Enquiries: Ray Gray, Group Chief Financial Officer, DAA
Telephone number: +353 1 814 5265/6
ray.gray@daa.ie