British Airways Pass Through Certificates, based in the United Kingdom, was established to facilitate the investment opportunities associated with its airline's financial instruments. The company primarily offers pass-through certificates, which allow investors to participate in the revenue generated from a pool of underlying debt instruments related to British Airways.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| IAGLN 4.25% 2032-11-15 USDBritish Airways Pass Through Certificates | United States | 2032-11-15 | 4.250 | 4.72 |
| IAGLN 4.25% 2034-05-15 USDBritish Airways Pass Through Certificates | United States | 2034-05-15 | 4.250 | 4.78 |
| IAGLN 8.38% 2028-11-15 USDBritish Airways Pass Through Certificates | United States | 2028-11-15 | 8.375 | 5.82 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
The issuer has a notable history in bond markets, having first introduced its bond issuances in the late 1990s to enhance liquidity and fund operational activities. Significant issuances include the 2012 bond valued at £300 million, which was pivotal for restructuring purposes amid financial restructuring. Currently, yields on its pass-through certificates are competitive within the industry, reflecting the company's stable cash flow and strategy to attract retail investors, while recent news highlights an innovative bond feature that links returns to travel demand recovery post-pandemic.