Wizz Air Holdings Plc raised 500 million euros on the capital market. The bond has an interest rate of 1,35 percent and is due in 2024. The paper can still be drawn until January 19, 2021. The group announced that the bond has already been oversubscribed several times.
“We are pleased to introduce our debut bond offering, which demonstrates Wizz Air's access to alternative financing markets at extremely attractive prices. The proceeds will further strengthen Wizz Air's already excellent liquidity position and offer continued flexibility to respond to growth opportunities, as well as additional financial resilience, ”said CEO József Váradi.