PIC invests £150m in Heathrow Airport debt

Victoria Tichá
clock • 1 min read

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

Join now

 

Already a Professional Pensions
member?

Login

More on Investment

LGPS investment – three themes that shouldn't be overlooked in 2025

LGPS investment – three themes that shouldn't be overlooked in 2025

Bruno Bamberger looks at LGPS derisking, UK investment and the path to sustainability

Bruno Bamberger
clock 03 January 2025 • 4 min read
Partner Insight: LDI market trends – getting things in perspective

Partner Insight: LDI market trends – getting things in perspective

Simon Bentley, Columbia Threadneedle Investments
clock 17 December 2024 • 4 min read
PensionBee's Romi Savova hits out at government push for DC investment in illiquids

PensionBee's Romi Savova hits out at government push for DC investment in illiquids

Industry must ask what the push into the unknown can deliver in additional returns

Jonathan Stapleton
clock 06 December 2024 • 2 min read
Trustpilot