Swissport Gets EUR325 Million Financing for Aerocare Deal
February 01 2018 - 2:15AM
Dow Jones News
By Nathan Allen
Swissport said Thursday that it has secured 325 million euros
($404 million) in financing from Barclays PLC (BARC.LN) to support
the acquisition of Australian flight-support services provider
Aerocare.
The company also said it received a EUR52 million partial loan
repayment from HNA Group for the acquisition, which it expects to
complete on March 7.
Swissport is finalizing plans for a public listing in the second
quarter, it said in a press release.
Write to Nathan Allen at nathan.allen@dowjones.com
(END) Dow Jones Newswires
February 01, 2018 02:00 ET (07:00 GMT)
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