Brief: TAV Airports Says Fraport TAV Antalya Yatirim Which Holds Concession To Operate Antalya Airport Until December 2051 Refinances Its Short-Term Bridge Loan With A EUR 2.5 Bln

Tav Havalimanlari Holding

29/04/2025 17:20

April 29 (Reuters) - TAV Havalimanlari Holding AS TAVHL.IS:

TAV AIRPORTS - FRAPORT TAV ANTALYA YATIRIM YAPIM VE İŞLETME WHICH HOLDS CONCESSION TO OPERATE ANTALYA AIRPORT UNTIL DECEMBER 2051 REFINANCES ITS SHORT-TERM BRIDGE LOAN WITH A  EUR 2.5 BILLION, 13/13.5-YEAR PROJECT FINANCE FACILITY

TAV AIRPORTS -  LOAN WAS INITIALLY UTILIZED TO FINANCE THE  INVESTMENTS RELATED TO CONCESSION

TAV AIRPORTS -  UPFRONT RENT PAYMENT DURING A PERIOD OF HIGH-INTEREST RATES TO BE ABLE TO REFINANCE UNDER MORE FAVORABLE CONDITIONS FOR LONGER TERM FACILITIES

Source text: ID:nIKAb9RR2D

Further company coverage: TAVHL.IS

 (Gdansk Newsroom)

 ((gdansk.newsroom@thomsonreuters.com; +48 58 7696600;))