Notice of Redemption

Summary by AI BETAClose X

Gatwick Airport Finance plc has announced its intention to redeem in full its £450,000,000 4.375 per cent. Senior Secured Notes due 2026 on November 21, 2025, at a price of 100.0 per cent. of the principal amount plus accrued interest. This redemption is contingent upon the successful arrangement of sufficient funding to cover the redemption price, accrued interest, and related expenses by the specified date. Failure to satisfy this refinancing condition may result in a delay of the redemption date, with further notification to noteholders.

Disclaimer*

Gatwick Airport Finance PLC
11 November 2025
 

Issuer: Gatwick Airport Finance plc

LEI: 213800BDRHDHRGTQ1D63

Date: 11 November 2025

THIS ANNOUNCEMENT RELATES TO THE DISCLOSURE OF INFORMATION THAT QUALIFIED OR MAY HAVE QUALIFIED AS INSIDE INFORMATION WITHIN THE MEANING OF ARTICLE 7(1) OF THE MARKET ABUSE REGULATION (EU) 596/2014.

 

 

 

GATWICK AIRPORT FINANCE PLC

 

Notice of redemption to the holders of the £450,000,000 4.375 per cent. Senior Secured Notes due 2026 (ISIN: XS2329602135; Common Code: 232960213) (the "Notes")

 

London, UK: 11 November 2025.

 

Gatwick Airport Finance plc (the "Issuer") hereby gives notice to the holders of the Notes that, pursuant to Condition 7.2(a) (Optional Redemption) of the terms and conditions of the Notes (the "Conditions"), it is exercising its option to redeem in full all of the outstanding Notes on 21 November 2025 (the "Optional Redemption Date").

 

Pursuant to Condition 7.2(a) (Optional Redemption), the redemption price for the Notes will be 100.0 per cent. of the outstanding principal amount of the Notes (the "Optional Redemption Price"), plus accrued and unpaid interest, to (but excluding) the Optional Redemption Date.  

 

The Issuer's obligation to redeem the Notes on the Optional Redemption Date is conditional upon the arrangement by the Issuer of funding in aggregate net proceeds in a sufficient amount to pay the Optional Redemption Price and the accrued and unpaid interest in full and pay all related expenses in respect of the redemption of the Notes on or prior to the Optional Redemption Date (the "Refinancing Condition"). None of the Notes shall be deemed due and payable on the Optional Redemption Date unless and until the Refinancing Condition is satisfied or waived by the Issuer. The Issuer may, in its sole discretion, delay the Optional Redemption Date if the Refinancing Condition has not been satisfied or waived by the Optional Redemption Date. If the Optional Redemption Date is delayed or if the Refinancing Condition has not been satisfied or waived and this notice of redemption is rescinded (in which case the redemption of the Notes shall not occur), the Issuer will notify the holders of the Notes of the same on or about the Optional Redemption Date or as soon as reasonably practicable thereafter. For the avoidance of doubt, any delay to the Optional Redemption Date shall not require any further notice pursuant to Condition 7.2(a) (Optional Redemption).

 

Terms used but not defined in this notice shall have the meanings given to them in the Conditions.

 

This announcement is released by the Issuer and contains information in relation to the Notes that qualified or may have qualified as inside information for the purposes of Article 7 of the Market Abuse Regulation (EU) 596/2014 ("MAR"), encompassing information relating to the Notes. For the purposes of MAR and Article 2 of Commission Implementing Regulation (EU) 2016/1055, this Notice is made by Jim Butler, Chief Financial Officer of the Issuer.

 

About Gatwick Airport

With 43 million annual passengers, London Gatwick is the UK's second largest and one of Europe's top ten airports. It is a vital piece of national infrastructure that drives both the national and regional economies by generating £5.5 billion GVA and supporting over 76,000 jobs (2023). Almost 60 airlines fly from the airport to over 170 short-haul and more than 50 long-haul destinations. With a declared current capacity of 55 movements an hour, London Gatwick is the most efficient single runway airport in the world.  

The airport is located 28 miles south of the UK capital and is extremely well-connected, with more than a quarter of England's population (15 million people) - including all of London - less than one hour away by road or rail. A six-year, £2 billion growth programme includes an ambitious plan to be a net zero airport by 2030 and to increase capacity by bringing the airport's existing Northern Runway into routine use, alongside its Main Runway. VINCI Airports owns a 50.01% stake in the airport, with Global Infrastructure Partners managing the remaining 49.99%.

About Vinci Airports

The world's leading private airport operator, VINCI Airports operates more than 70 airports in 14 countries. Thanks to its expertise as a global integrator, VINCI Airports develops, finances, builds and manages airports by providing its investment capacity and its know-how in optimizing operational performance, modernizing infrastructure and managing their operations and environmental transition. VINCI Airports is the first airport operator to have committed to an international environmental strategy in 2016, to achieve the goal of net zero emissions across its entire network by 2050.

For more information: 

www.vinci-airports.com 

@VINCIAirports

https://www.linkedin.com/company/vinci-airports/

 

About Global Infrastructure Partners

Global Infrastructure Partners (GIP), a part of BlackRock, is a leading infrastructure investor that specializes in investing in, owning and operating some of the largest and most complex assets across the energy, transport, digital infrastructure and water and waste management sectors. With energy pragmatism central to our investment thesis, we are well positioned to support the global energy transition.

GIP's scaled platform has over $170 billion in assets under management. We believe that our focus on real infrastructure assets, combined with our deep proprietary origination network and comprehensive operational expertise, enables us to be responsible stewards of our clients' capital and to create positive economic impact for communities. For more information, visit www.global-infra.com

 

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