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    Client Highlights

    S&C Advises International Consolidated Airlines Group on Rights Issue To Raise up to €2.75 Billion

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    September 10, 2020
    International Consolidated Airlines Group (“IAG”), the parent company of airlines including British Airways, Iberia and Air Lingus, has commenced a rights issue to raise up to €2.75 billion. The rights issue, launched September 10, will strengthen IAG’s balance sheet by reducing financial leverage and increasing IAG’s overall liquidity position.

    S&C advised IAG as a combined team with Garrigues, which advised on matters of Spanish law, and Slaughter and May, which advised on matters of English law.

    The S&C team advising IAG is led by John Horsfield-Bradbury in London, supported by European counsel Abi Yevnin and associate Nitish Verma.
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    John Horsfield-Bradbury Headshot Photo
    John Horsfield-Bradbury
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    Abigail M. Yevnin Headshot Photo
    Abigail M. Yevnin
    London
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