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Ferrovial confirms BAA bond issue, Germany airport traffic down 3.1% in 3Q2009 – Airports Share Wrap

Analysis

Ferrovial, parent of BAA, confirmed that the UK airports operator would sell approximately GBP1 billion in bonds through a number of sales in 1H2010 to help refinance debt. Ferrovial has already injected GBP500 million into BAA in preparation for the bond issue.

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