<div id="readability-page-1"><h3>Claim 55% Off TipRanks</h3><ul><li>Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions </li><li> Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks </li></ul>The latest update is out from International Consolidated Airlines ( (GB:IAG) ). International Consolidated Airlines Group has moved to substantially retire its 1.125% senior unsecured convertible bonds due 2028, repurchasing €821.7 million of the original €825 million issue. The buyback, carried out via a cash invitation to bondholders, results in 99.6% of the bonds being accepted for purchase at a final repurchase price of €145,685.11 per €100,000 of principal. Settlement of the transaction is expected around 19 May 2026, after which the repurchased bonds will be cancelled and only €3.3 million will remain outstanding. The company plans to use a clean-up call to redeem the remaining bonds at par plus accrued interest, effectively eliminating this convertible instrument from its capital structure and simplifying its debt profile, with BofA Securities and HSBC acting as joint dealer managers. The most recent analyst rating on (GB:IAG) stock is a Buy with a £4.60 price target. To see the full list of analyst forecasts on International Consolidated Airlines stock, see the GB:IAG Stock Forecast page. Spark’s Take on IAG Stock According to Spark, TipRanks’ AI Analyst, IAG is a Neutral. The score is driven primarily by solid financial performance (strong margins and cash generation, though leverage and softer 2025 revenue/FCF conversion add risk) and an attractive valuation. These positives are tempered by weak technicals (below key moving averages with negative MACD) and earnings-call headwinds (FX/fuel volatility, engine constraints, and litigation/cost pressures) despite confident guidance and active shareholder returns. To see Spark’s full report on IAG stock, click here. More about International Consolidated Airlines International Consolidated Airlines Group, S.A. is a multinational airline holding company operating a portfolio of major European carriers. The group focuses on passenger and cargo air transport across key transatlantic and intra-European routes, competing with other global airline groups in both legacy and low-cost segments. Average Trading Volume: 25,118,478 Technical Sentiment Signal: Strong Buy Current Market Cap: £17.2B See more data about IAG stock on TipRanks’ Stock Analysis page.</div>

International Consolidated Airlines Group (IAG) has successfully repurchased €821.7 million of its 1.125% senior unsecured convertible bonds due 2028, representing 99.6% of the total issue. The buyback was conducted through a cash invitation to bondholders, with a final repurchase price of €145,685.11 per €100,000 principal. Following the settlement expected around May 19, 2026, only €3.3 million will remain outstanding, which IAG plans to redeem at par. Analysts rate IAG stock as a Buy with a £4.60 price target, though concerns about leverage and market conditions persist.

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International Consolidated Airlines Group SA

International Consolidated Airlines Group S.A.

Bank of America

HSBC Holdings Plc

HSBC

HSBC HOLDINGS

IAMGold

BANK OF AMERICA CORPORATION DEP SHS REP 1/1000TH INT NON CUM PFD QQ

BANK OF AMERICA CORPORATION DEP SHS REP 1/1200TH PRF SERIES '5'

BANK OF AMERICA CORPORATION 7.25% NON-CUM PERP CONV PFD SER L

BANK OF AMERICA CORPORATION 5.875%NON CUM DEP SHS REP1/1000TH SER HH

BANK OF AMERICA CORPORATION DEP SHS REP 1/1200TH PRF SERIES '2'

BANK OF AMERICA CORPORATION 5% DEP SHS REPR 1/1000TH NON CUM PFD LL

BANK OF AMERICA CORPORATION DEP SHARES REP 1/1000TH PERP PFD SER 'E'

BANK OF AMERICA CORPORATION INCOME CAPITAL OBLIG NTS DUE 15/12/2066

BANK OF AMERICA CORPORATION 4.375% DP SH RP 1/1000TH IN NON CU PF NN

BANK OF AMERICA CORPORATION DEP SH REP 1/1200TH PRF SER 1 USD25

BANK OF AMERICA CORPORATION 5.375%DEP SHS REP 1/1000TH NON CUM SR KK

BANK OF AMERICA CORPORATION 6%NON CUM DEP SHS EACH REP 1/1000 SER GG

BANK OF AMERICA CORPORATION DEP SHS REP 1/1200 PFD SER 4 USD25

BANK OF AMERICA CORPORATION DEP SHS REP 1/1000TH NON CUM PFD SER SS

BANK OF AMERICA CORPORATION 4.125%DEP SH REP 1/1000 PFD SER PP USD25

Bank of America Corp

HSBC 5xShortSG241213

IAG Retires 99.6% of 2028 Convertible Bonds in Major Buyback