Amsterdam Schiphol Airport issues EUR500m bond
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Background ✨
Amsterdam Schiphol Airport previously outlined a EUR6 billion investment plan for 2025-2029, covering major maintenance and new construction such as a new baggage basement and Pier A completion.1 It also secured a EUR175 million European Investment Bank loan as the first tranche of EUR400 million financing, primarily for the new baggage basement.2 Royal Schiphol Group earlier issued a EUR600 million EMTN bond (12-year, 3.375% coupon) with a EUR2.1 billion order book to fund the same investment plan.3