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Swissport Secures €300m Additional Liquidity, Reaches Restructuring Agreement


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MIAMI – A consortium of senior secured creditors has committed to providing temporary funding of €300m to finance Swissport operations by completing the restructuring process. The ‘in principle’ agreement on a comprehensive restructuring involves extensive deleveraging and a new long-term debt facility of €500m that will replace the interim facility. The additional liquidity from the […]

The post Swissport Secures €300m Additional Liquidity, Reaches Restructuring Agreement appeared first on Airways Magazine.

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