Brief: TAV Airports Says Its 51%-Owned Joint Venture Fraport Tav Antalya Yatirim Pays 1.81 Bln Euros, 25% Of Total Rent, To State Airports Authority To Operate Antalya Airport For 25 Years After 2027

Tav Havalimanlari Holding

28/03/2022 09:39

March 28 (Reuters) - TAV HAVALIMANLARI HOLDING AS
 TAVHL.IS :
    * TAV AIRPORTS SAYS ITS 51%-OWNED JOINT VENTURE FRAPORT TAV
ANTALYA YATIRIM PAYS 1.81 BILLION EUROS, 25% OF TOTAL RENT, TO
STATE AIRPORTS AUTHORITY TO OPERATE ANTALYA AIRPORT FOR 25 YEARS
AFTER 2027
    * TAV AIRPORTS SAYS 1.23 BILLION EUROS OF UPFRONT RENT HAS
BEEN
FINANCED BY BANK LOANS AND REMAINDER HAS BEEN FINANCED BY EQUITY
OF FRAPORT TAV ANTALYA YATIRIM

Source text for Eikon:  ID:nIKA5bFp90 
Further company coverage:  TAVHL.IS 

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