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...

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Victoria Tichá
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