Annual Reports

daa’s principal activities include the operation and management of Dublin and Cork airports, global airport retailing through our subsidiary ARI, and international aviation consultancy with daa International. The company is State-owned and headquartered at Dublin Airport.
Read our 2020 annual report
View older reports

Debt

daa Debt Information

As at 31 December 2020

Instrument Maturity Current Outstanding
Eurobond June 2028 €400m
Eurobond November 2032 €500m
Various EIB Facilities Amortising to 2040 €662m
Revolving Credit Facility (RCF) (€450m) March 2026 €NIL (Undrawn)

daa Debt Maturity

As at 31 December 2020

daa Debt Liquidity

As at 31 December 2020

Bond Documentation

As at 31 December 2020

  Bond 2028 Bond 2032
Trust Deed Click here Click here
Prospectus Click here Click here
Paying Agency Agreement Click here Click here
daa plc (Guarantor) daa finance plc (Issuer)
Constitution Click here Click here

Credit Rating

 Long-term RatingShort-term RatingOutlook
S&P Global Ratings A- A-2Negative

Analyst Information

Tania Tsoneva, CFA
Director, Infrastructure Ratings
+353 1 568 0611
tania.tsoneva@spglobal.com

Regulation

The independent Commission for Aviation Regulation (CAR) is responsible for the regulation of airport charges at Irish airports. Dublin Airport is the only airport currently subject to economic regulation by CAR. Determining airport charges on the basis of independent, objective and transparent criteria, as well as sound economic principles is an important principle. The regulator sets charges at Dublin Airport following submissions from daa, airlines and other interested parties. The legislation also provides that CAR assumes responsibility for the regulation of charges for terminal services provided by the Irish Aviation Authority and for a number of other aviation functions that were previously the responsibility of the Minister for Public Enterprise. Details of the regulator’s decisions in relation to airport charges at Dublin Airport can be found on the CAR website.

Contacts

Catherine Gubbins
Group Chief Financial Officer
+353 1 944 2205
Andrew Glover
Group Treasury Manager
+353 1 944 2203