Virgin Australia Holdings Prices AUD$250 Million Issue Of Unsecured Notes

Virgin Australia Holdings Limited (ASX: VAH) (the Group) today announced the successful pricing of AUD$250 million senior unsecured fixed rate notes due 5 March 2024 (the Notes).

The Notes were priced on 26 February 2019 with settlement and completion expected to occur on 5 March 2019, subject to closing conditions.

The net proceeds of the proposed Notes will be used by the Group to refinance part of its US 144A bond which matures in November 2019, as well as for general corporate purposes.