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Virgin Australia Holdings Limited (ASX:VAH) has priced a further $68.4 million worth of enhanced equipment notes, after another notes offer was announced this week.
The airline says it’s had strong investor demand for the notes offering announced on October 8.
The total amount to be issued is $US797 million at a weighted average coupon of approximately 5.6 per cent.
The new notes will be backed by the same collateralised pool of 24 aircraft as the earlier offer, with proceeds used to repay existing financing facilities and for general corporate purposes.
Settlement of the offering is expected later this month.
Virgin booked a net loss of $98.1 million in fiscal 2013.
