Swissport increases its lev loan for Aerocare buy

Swissport
By Victor Jimenez
14 Mar 2018

Swissport, the aviation services group, this week launched a €325m add-on to its euro leveraged loan to finance its acquisition of Aerocare, a peer based in Australia.

Archer Capital and Aerocare management are selling all the shares of Aerocare, the largest ground handling operator in Australia and New Zealand, and its subsidiaries Skycare, Carbridge and EasyCart.

To fund the buyout, Swissport is issuing ...

Already a subscriber?

Continue reading this article

Try full access to GlobalCapital

Free trial

Want to learn more? View subscription options