Copenhagen Airports -- Private placement


COPENHAGEN, Denmark, Aug. 28, 2003 (PRIMEZONE) -- Copenhagen Airports A/S has strengthened its capital resources and reduced the company's refinancing risk by raising a USD 300 million loan. The loan has been raised from US investors through an issue of bonds to private investors in a private placement.The loan has been swapped into Danish kroner at a fixed rate and will be repaid in three equal tranches in the years 2013, 2015 and 2018.

By raising this loan, Copenhagen Airports A/S has exploited the favourable market conditions and secured attractive, long-term finance.

The funds will primarily be used to reduce other debt.

To view this release as an Adobe (.pdf) visit the following link:http://reports.huginonline.com/915527/122419.pdf


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