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2. Lending - borrowing.
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.
An additional detailed disclosure within a set of financial statements.