Mayer Brown advises on €1.35 billion refinancing of Budapest Airport
30 September 2014
London - Leading global law firm Mayer Brown has advised Budapest Airport on the refinancing of €1.35 billion loan facilities and associated interest rate swaps.The refinancing includes a €1 billion five-year senior term loan and a €300 million junior facility.
Budapest Airport was acquired in 2007 by a consortium of investors including AviAlliance (formerly Hochtief Airport), Caisse de Depot et Placement du Quebec, the Government of Singapore’s investment arm Malton and KFW Ipex Bank.
John Clark, Banking & Finance partner at Mayer Brown, said: "We are delighted to have represented Budapest Airport in this important transaction."
The Mayer Brown team was led by Banking & Finance partner John Clark and included Banking & Finance and client relationship partner Graham Wedlake, Banking & Finance partners Ashley Katz and Chris Arnold, senior associate Andrew Crotty and associates Gagandeep Aujla and Kunel Tanna.