AS Air Baltic Corporation, founded in 1995 and headquartered in Riga, Latvia, is the national airline known for its commitment to providing efficient and affordable air travel across Europe and beyond. The company operates a robust fleet that offers scheduled passenger services and charter flights, catering to both leisure and business travelers.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| AIRBAL 14.50% 2029-08-14 EURAS Air Baltic Corporation | Latvia | 2029-08-14 | 14.500 | 16.71 |
| AIRBAL 14.50% 2029-08-14 EURAS Air Baltic Corporation | Latvia | 2029-08-14 | 14.500 | 16.71 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Air Baltic made its debut in the bond market in 2016, intending to finance fleet expansion and modernize operations. The airline's inaugural bond issuance raised €60 million, contributing to its growth strategy and operational improvements. Recent reports indicate that Air Baltic bonds have maintained competitive yields in comparison to industry averages, with notable interest due to their senior unsecured status. In 2021, the airline issued green bonds, emphasizing its commitment to environmental sustainability, which received a positive response from investors.