Depfa, the infrastructure bank, has signed a EUR 1bn public finance loan with Spanish state-owned airport operator Aena that will be used to help pay for the expansion of Barcelona, Alicante and Malaga airports. The agreement was signed on 2 July and AENA has up to two years to drawn down the funds.
Depfa, the infrastructure bank, has signed a EUR 1bn public finance loan with Spanish state-owned airport operator Aena that will be used to help pay for the expansion of Barcelona, Alicante and Malaga airports. The agreement was signed on 2 July and AENA has up to two years to drawn down the funds.
Aena is one of the largest airport operators in the world. The 74 airports it manages in Europe and America handled a total of 241 million passengers last year. Miquel Avila, Aena's chief financial officer, commented: 'The facility will support our investment plan. Alongside the European Investment Bank (EIB) and the Instituo de Crédito Oficial (ICO), Defa is a major financial provider for Aena.'
Depfa, a German bank based in Dublin, was acquired by Munich-based Hypo Real Estate Bank last year.
