2-1-18 2:00 AM EST | Email Article
   By Nathan Allen 
 

Swissport said Thursday that it has secured 325 million euros ($404 million) in financing from Barclays PLC (BARC.LN) to support the acquisition of Australian flight-support services provider Aerocare.

The company also said it received a EUR52 million partial loan repayment from HNA Group for the acquisition, which it expects to complete on March 7.

Swissport is finalizing plans for a public listing in the second quarter, it said in a press release.

 

Write to Nathan Allen at nathan.allen@dowjones.com

 

(END) Dow Jones Newswires

February 01, 2018 02:00 ET (07:00 GMT)

Copyright (c) 2018 Dow Jones & Company, Inc.
Add a Comment

Try Premium Membership today. Your first 14 days are free of charge. Start my Premium Membership Trial.
Sponsored Links
Buy a Link Now
Sponsor Center
Content Partners