Dentons represented the syndicate of underwriters in the offering.
Wizz Air executed the offering of €500 million 1.350% Fixed Rate Guaranteed Notes due 2024 under Wizz Air’s Euro Medium Term Note Programme, which was oversubscribed with books exceeding €2 billion. The Notes were issued by Wizz Air Finance Company B.V. and guaranteed by Wizz Air Holdings Plc.
Wizz Air intends to use the proceeds of the issuance for general financing purposes. The syndicate of underwriters included BNP Paribas, Citi and J.P. Morgan.
Wizz Air, listed on the Premium Market of the London Stock Exchange, is the fastest growing and “greenest” airline in Europe, offering more than 920 routes from 40 bases, connecting 173 destinations across 47 countries.
Dentons team was led by partner Nick Hayday (Picture), assisted by senior associate Victoria Wyer, along with associates Niharika Khimji and Zeeshan Hussain.
Clifford Chance LLP acted as legal advisers to Wizz Air with Ogier (Jersey) LLP advising Wizz Air Holdings Plc in Jersey.
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