Fraport AG has successfully placed a promissory note with four tranches and a total volume of 500 million euros with investors. The terms are five and seven and a half years, respectively.

Originally, an issue volume of only 200 million euros was planned. Due to the very strong domestic and international demand, the total volume of the promissory note issue was significantly increased. The issue took place at the lower end of the price range, according to the airport operator.

“We are very pleased about the extremely high investor demand. This is another clear vote of confidence in our company and shows that we are on the right track, ”said Matthias Zieschang, CFO of Fraport AG. "Thanks to our continuous liquidity management, we have not only managed the height of the Corona crisis well, but can also continue to invest in the future to the extent necessary."

With the promissory note issue, the financing taken out by Fraport AG in the current year will rise to just under 2,9 billion euros. The group-wide level of liquid funds as well as guaranteed and freely available credit lines amounts to around 4,5 billion.