18 Significant events after the reporting date
The Board of Directors authorised the 2019 financial statements according to the provisions of the Swiss Code of Obligations (CO) for issue on 5 March 2020. These also have to be approved by the General Meeting of Shareholders.
On 12 February 2020, Flughafen Zürich AG issued a 15-year debenture of CHF 400 million carrying a coupon of 0.20%. This will be used to refinance property purchases and as working capital.
The coronavirus, which is currently spreading, will have a negative effect on the earnings of Flughafen Zürich AG. It is not yet possible to estimate the financial impact any more closely.