Debt
IAG Group credit rating
| Moody's | S&P Global | |
|---|---|---|
| Credit Rating | Baa3 Stable, 15 May 2024 | BBB- Positive, 25 June 2024 |
Debt summary
| Issuer | CUSIP/ISIN | Debt instrument | Original issue | Currency | First trading day | Maturity date | Coupon | Listing | Status |
|---|---|---|---|---|---|---|---|---|---|
| IAG | XS2020581752 | Senior unsecured bonds due 2027 | €500m | Euro | 4 Jul 2019 | 4 Jul 2027 | 1.50% | Euronext Dublin | Outstanding |
| IAG | XS2322423455 | Senior unsecured bonds due 2025 | €500m | Euro | 25 Mar 2021 | 25 Mar 2025 | 2.75% | Euronext Dublin | Outstanding |
| IAG | XS2322423539 | Senior unsecured bonds due 2029 | €700m | Euro | 25 Mar 2021 | 25 Mar 2029 | 3.75% | Euronext Dublin | Outstanding |
| IAG | XS2343113101 | 1.125% senior unsecured convertible bonds due 2028 | €825m | Euro | 18 May 2021 | 18 May 2028 | 1.125% | Frankfurt | Outstanding |
IAG 0.50%/1.50% Senior Unsecured Bonds due 2023/2027
| Title | Brand | Date issued | Format | |
|---|---|---|---|---|
| Prospectus | Thursday, 4 Jul, 2019 |
IAG 2.75%/3.75% Senior Unsecured Bonds due 2025/2029
| Title | Brand | Date issued | Format | |
|---|---|---|---|---|
| Prospectus | Thursday, 25 Mar, 2021 |
IAG 1.125% Convertible Bond due 2028
| Title | Brand | Date issued | Format | |
|---|---|---|---|---|
| Board report | Tuesday, 18 May, 2021 | |||
| Final terms and conditions | Tuesday, 18 May, 2021 | |||
| Independent expert report | Tuesday, 18 May, 2021 | |||
| Notice of Adjustment to Conversion Price | Tuesday, 24 September, 2024 |
Further enquiries
For any further queries about IAG's debt please contact the IAG Investor Relations team by the email below.
British Airways Plc Corporate Credit Rating
| Moody's | S&P Global | Fitch | |
|---|---|---|---|
| Credit Rating | Baa3 Stable, 15 May 2024 | BBB- Positive, 25 June 2024 | BBB- Stable, 18 December 2023 |
Analysts
Any opinions, estimates, or forecasts regarding British Airways's performance made by any analysts, are theirs alone and do not represent opinions, forecasts or predictions of British Airways or its management. British Airways does not by its reference above or distribution imply its endorsement of or concurrence with such information, conclusions or recommendations.
| Firm | Analyst |
|---|---|
| Barclays | Christophe Boulanger |
| Deutsche Bank | Richard Phelan |
| JP Morgan | Danielle Ward |
| Société Générale | Pierre Bergeron |
| Moody's | Frederic Duranson |
| S&P Global | Aliaksandra Vashkevich |
| Fitch | Raman Singla |
British Airways Interim Reports
| Title | Brand | Date issued | Format | |
|---|---|---|---|---|
| Interim Management Report for six months to June 2024 | ||||
| Interim Management Report for six months to June 2023 | ||||
| Interim Management Report for six months to June 2022 | ||||
| Interim Management Report for six months to June 2021 | ||||
| Interim Management Report for three months to March 2021 | ||||
| Interim Management Report for nine months to September 30, 2020 | ||||
| Interim Management Report for six months to June 30, 2020 | ||||
| Interim Management Report for six months to June 30, 2019 | ||||
| Interim Management Report for six months to June 30, 2018 | ||||
| Interim Management Report for six months to June 30, 2017 | ||||
| Interim Management Report for six months to June 30, 2016 | ||||
| Interim Management Report for six months to June 30, 2015 | ||||
| Interim Management Statement for six months to June 30, 2014 |
Further enquiries
For any further queries about British Airways' debt please contact IAG Investor Relations by the email below