8-Dec-2009 12:48 PM

BAA planning GBP1 billion bond sale in 1H2010

Grupo Ferrovial stated BAA plans GBP1 billion in bonds in 1H2010, through a number of sales, to refinance its debt (Bloomberg, 07-Dec-2009). BAA recently raised GBP235 million from the sale of 30-year inflation linked bonds and issued GBP700 million in notes in Nov-2009.