Bonds to finance bulk of Swissport LBO
Debt financing for PAI Partners' Sfr1.2bn buy-out of Swissport will come from Sfr750m of high-yield bonds. The Swiss passenger and cargo handler is only tapping the loan market for a Sfr200m undrawn revolving credit facility, which will have a margin of 400bp.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article:
- ✔ 4,000 annual insights
- ✔ 700+ notes and long-form analyses
- ✔ European securitization issuance database
- ✔ Daily newsletters across markets and asset classes
- ✔ 1 weekly securitization podcast
