daa Finance plc Statement

July 15, 2020

 

daa finance plc

 

EUR400,000,000 1.554 per cent notes due 2028 of daa finance plc, guaranteed by daa plc (ISIN:XS1419674525)

Credit rating update

15 July 2020

On 14 July 2020, S&P Global Ratings lowered daa plc’s long- and short-term credit ratings by one notch to A-/A2 from A/A1 and revised its outlook to negative. The negative outlook reflects the ongoing uncertainty about the extent and timing of the aviation sector’s recovery from the impacts of COVID-19.

 

Enquiries:      Ray Gray, Group Chief Financial Officer, daa plc

Telephone number: +353 1 944 5265/6

ray.gray@daa.ie

 

Catherine Gubbins, Director of Finance, daa plc

Telephone number: +353 1 944 2205

catherine.gubbins@daa.ie