£13bn deal to refinance BAA

The under-fire owner of Britain’s biggest airports today unveiled the completion of a £13bn (€16bn) refinancing.

£13bn deal to refinance BAA
Mon, 18 Aug, 2008 - 17:29

The under-fire owner of Britain’s biggest airports today unveiled the completion of a £13bn (€16bn) refinancing.

BAA, which operates seven UK airports including Heathrow, Gatwick and Stansted, said the new long-term loan facilities included funding for “immediate” improvement projects across its portfolio.

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CourtsBusinessHeathrowPlace: BritainPlace: UKPlace: HeathrowPlace: GatwickPlace: StanstedPlace: SouthamptonPlace: GlasgowPlace: AberdeenPlace: EdinburghPerson: Colin MatthewsPerson: Nigel RuddOrganisation: BAAOrganisation: Competition CommissionOrganisation: FerrovialOrganisation: HSBCOrganisation: Royal Bank of ScotlandOrganisation: CC
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