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Aeroports de Paris (ADPFP; NR/A Neg/BBB+ S) April Traffic

TRANSPORTATION
  • Group (including TAV & GMR airports) at 28.4m passengers (+8.2%) in April, now 106.4% of 2019 levels (104.3% last qtr).
  • Paris airports (CDG & Orly) at 8.8m (+7.2%) at 93% of '19 levels (last qtr 92%)
  • ADP priced -3bps through its already tight secondary last week on a 7Y - line has moved out +4 in secondary since.

https://www.parisaeroport.fr/docs/default-source/g...

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