
International Consolidated Airlines Group SA, based in London, was formed in January 2011 through the merger of British Airways and Iberia, primarily to enhance competitiveness and operational efficiency in the global airline market. The company operates several renowned airline brands, including British Airways, Iberia, Aer Lingus, and Vueling, offering passenger and cargo services across a vast network of destinations.
Bond Name | Country | Maturity | Coupon(%) | |
---|---|---|---|---|
IAGLN 1.50% 2027-07-04 EURInternational Consolidated Airlines Group SA | Spain | 2027-07-04 | 1.500 | 2.42 |
IAGLN 2.75% 2025-03-25 EURInternational Consolidated Airlines Group SA | Spain | 2025-03-25 | 2.750 | 0.00 |
IAGLN 3.75% 2029-03-25 EURInternational Consolidated Airlines Group SA | Spain | 2029-03-25 | 3.750 | 2.77 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
IAG first began issuing bonds in 2012 to support its financial strategy post-merger and has since become a frequent issuer in international debt markets. Notable bond offerings include a €1 billion issuance in 2017 that helped refinance debt and fund fleet investments, along with a €750 million bond offering in early 2022 with a yield of 3.25%, reflecting the company's stable credit profile compared to industry averages. In recent news, IAG successfully issued a series of green bonds in 2023, underscoring its commitment to sustainability while attracting a wide range of investors.