Pension Insurance Corporation (PIC) has invested £150m in debt issued by Heathrow Airport.
The investment will be used by the airport to refinance a tranche of its debt which matures in March 2020, while locking in current low rates. Heathrow is a significant issuer in debt markets as...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
- Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
- Receive important and breaking news stories via our two daily news alerts
- Hear from industry experts and other forward-thinking leaders