BRIEF-Ryanair launches 850 mln euros euro bond issue

June 10 Tue Jun 10, 2014 11:57am EDT

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June 10 (Reuters) - Ryanair Holdings Plc

* Ryanair holdings plc ryanair announces the issue of eur850m euro bond

* Announced that it has issued an eur 850m euro bond at 1.875%, fixed for 7 years

* It is the first ever euro bond debt issuance and is part of its plans to access debt capital markets to source low cost financing for its new 180 boeing 737-800 ng order

* Bond will be listed on irish stock exchange which offers access to investors both in europe and rest of world

* Global coordinator for bond was citibank and joint book runners were bnp paribas, citibank, and deutsche bank

* Ceo says - bond was more than 8 times over-subscribed which reflects very strong demand from investors right across europe Source text for Eikon: Further company coverage:

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