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imported>Doug Williamson (Add secured notes. Source: The Treasurer, February 2017, p25.) |
imported>Doug Williamson (Clarify that the slots are not owned by the airline. Source: The Treasurer, February 2017, p25.) |
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<span style="color:#4B0082">'''''Virgin's loan notes secured on Heathrow landing slots'''''</span> | <span style="color:#4B0082">'''''Virgin's loan notes secured on Heathrow landing slots'''''</span> | ||
:"Virgin Atlantic Airways secured an impressive £220m senior secured note transaction using the airline's take-off and landing slots at London Heathrow Airport. It is the first time in European air travel history that airport slots have been leveraged in this way." | :"Virgin Atlantic Airways secured an impressive £220m senior secured note transaction using the airline's [rights to use] take-off and landing slots at London Heathrow Airport. It is the first time in European air travel history that airport slots have been leveraged in this way." | ||
:''The Treasurer magazine, February 2017 p25 - Deals of the Year - Bonds below £500m winner.'' | :''The Treasurer magazine, February 2017 p25 - Deals of the Year - Bonds below £500m winner.'' |
Revision as of 20:21, 11 February 2017
1.
Promissory note.
2.
Secured loan note.
Virgin's loan notes secured on Heathrow landing slots
- "Virgin Atlantic Airways secured an impressive £220m senior secured note transaction using the airline's [rights to use] take-off and landing slots at London Heathrow Airport. It is the first time in European air travel history that airport slots have been leveraged in this way."
- The Treasurer magazine, February 2017 p25 - Deals of the Year - Bonds below £500m winner.
3.
Accounting.
An additional detailed disclosure within a set of financial statements.