Blue chip: Difference between revisions
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imported>Doug Williamson (Link with Note page.) |
imported>Doug Williamson (Expand to 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. | ||
:Moody's provided a private rating for the senior notes, which lent further credibility and confidence to investors. The deal attracted interest from blue-chip investors as well as long-term pension funds." | :Moody's provided a private rating for the senior notes, which lent further credibility and confidence to investors. The deal attracted interest from blue-chip investors as well as long-term pension funds." | ||
Revision as of 20:17, 11 February 2017
1.
An equity share that is considered to be of the highest quality.
2.
Any other investment considered to be of the highest credit quality.
3.
Investors who invest mainly - or only - in blue chip investments.
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.
- Moody's provided a private rating for the senior notes, which lent further credibility and confidence to investors. The deal attracted interest from blue-chip investors as well as long-term pension funds."
- The Treasurer magazine, February 2017 p25 - Deals of the Year - Bonds below £500m winner.
