Swissport seeks $390m tap today for Servisair acquisition
Swissport, the Swiss provider of ground services for airlines and airports, wants to issue some $390m of high yield bonds to finance a planned acquisition.
Swissport is owned by PAI Partners, which bought it in 2011. The deal would come as a tap of Swissport's $555m 7.875% senior secured 2018 bond.
Citi is left lead, with BNP Paribas, Société Générale, Morgan Stanley and UBS also bookrunning.Swissport is in exclusive talks with Derichebourg over its ...