Swissport agrees comprehensive €500m restructuring deal

Singapore freight forwarders – Star Concord
02-Sep-2020
Swissport has agreed to a comprehensive restructuring with creditors and shareholders including a debt-for-equity swap and a new €500 million long-term debt facility. The restructuring will deliver a significant deleveraging for the company. Swissport has also finalised the €300 million additional interim facility Following the announcement on August 21 2020 of an agreement ‘in principle’, […]

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Author: James Graham