Nine banks have signed a combined \u00a3490 million refinancing package for London City Airport.<\/p>\n
Beyond refinancing existing debt, a supplementary capex provision will allow the Docklands airport to introduce a range of IT and terminal infrastructure upgrades, including increased check-in desk capacity, additional luggage belts, improvements to lounge areas, and expansions to car parking facilities, delivering significant enhancements to the passenger experience.<\/p>\n
READ:\u00a0Helvetic Airways lands London City Airport\u2019s largest ever jet<\/a><\/strong><\/p>\n A portion of the financing will also support community programmes designed to manage and reduce the impact of aircraft noise within the local area.<\/p>\n \u201cWe are delighted to support the refinancing of London City Airport,\u201d said Sean Cook, Head of Infrastructure Origination Europe at NORD\/LB, one of the lenders that have provided the finance. \u201cThe funds will help to enhance the customer experience and ensure it continues to maintain its position as London\u2019s fastest gateway to Europe.\u201d<\/p>\n Latham & Watkins acted as the consortium\u2019s legal adviser on the deal, while Clifford Chance acted as London City Airport\u2019s legal adviser.<\/p>\n The post London City Airport signs \u00a3490m refinancing arrangement<\/a> appeared first on Aviation Business News<\/a>.<\/p>","protected":false},"excerpt":{"rendered":" Nine banks have signed a combined \u00a3490 million refinancing package for London City Airport. Beyond refinancing existing debt, a supplementary capex provision will allow the Docklands airport to introduce a range of IT and terminal infrastructure upgrades, including increased check-in desk capacity, additional luggage belts, improvements to lounge areas, and expansions to car parking facilities, […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-949","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/zephyrsys.us\/index.php\/wp-json\/wp\/v2\/posts\/949","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/zephyrsys.us\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/zephyrsys.us\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/zephyrsys.us\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/zephyrsys.us\/index.php\/wp-json\/wp\/v2\/comments?post=949"}],"version-history":[{"count":0,"href":"https:\/\/zephyrsys.us\/index.php\/wp-json\/wp\/v2\/posts\/949\/revisions"}],"wp:attachment":[{"href":"https:\/\/zephyrsys.us\/index.php\/wp-json\/wp\/v2\/media?parent=949"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/zephyrsys.us\/index.php\/wp-json\/wp\/v2\/categories?post=949"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/zephyrsys.us\/index.php\/wp-json\/wp\/v2\/tags?post=949"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}