BAA Funding forecast to bring seven-year Canadian note deal, possible U.S. dollar offering

By Cristal Cody

Prospect News, June 15 - BAA Funding Ltd. is expected to bring a seven-year Canadian dollar-denominated note offering and/or a U.S. dollar-denominated deal, according to a bond source on Friday.

The holding company for London-based airport operator BAA Airports has held a couple of roadshows in Canada since April and finished the latest one with stops on Thursday and Friday in Winnipeg, Man., and Vancouver, B.C.

Bank of America Merrill Lynch, CIBC World Markets Inc. and RBC Capital Markets Corp. hosted the roadshow.

BAA Airports operates airports that include London's Heathrow Airport.

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