AIA Euro Bond

Athens International Airport SA (AIA) made its debut in the euro bond market with a seven‑year benchmark issue priced at about 135 basis points over mid‑swap rates, reflecting improved market conditions after oil price decline and travel stock recovery. This comes amid a record start to the year for aviation debt issuance, with airlines and airport operators raising more than $10.5 billion YTD, largely to refinance pandemic‑era debt that had maturities of five to seven years. Over 64 % of the debt sold in 2020 and 2021 carries those maturities.