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Bonds raise €600m for airport body

Dublin Airport Authority says its financing division, DAA Finance, has raised €600m through the issue of ten-year bonds.

DAA said the money would help it to fund its capital investment programme at Dublin airport including the new Terminal 2.

The authority last accessed the bond market for €250m in 2001. It said the latest issue generated 'significant European investor interest' and was oversubscribed.