Virgin Australia has diversified away from more the traditional financing product favoured by airlines – the sale and leaseback – to become the first Australian-origin issuer to issue enhanced equipment notes (EENs). The issuer says it is only the fourth non-US domiciled airline to bring this type of structure and, while other Australasian carriers could follow, market participants suggest the possibility of the transaction being quickly repeated is slim.

Sign in to continue and access full content
We will email you a code for a password-free sign in.
Or you can sign in manually with password.
Can't sign in?
Become a registered user to receive these benefits:
  • One-stop information source on the Australasian debt markets
  • Keep up to date with the deals and trends making headlines
  • Keep up to date with league tables
  • Access to email updates on trending deals and news
Register
Global Reach. Local Expertise
KangaNews is the trading name of BondNews Limited, a company registered in the UK and Australia. With our head office in Sydney and a satellite office in Europe, we are positioned to provide a one-stop information service on the Australasian fixed-income markets.
NEWS
START YOUR FREE TRIAL
© Copyright 2024 KangaNews Global Reach. Local Expertise About us Terms of Use Privacy Policy Contact