Budapest Airport €1.32 billion debt restructuring

Overview:

• The company operating Budapest Airport has undertaken a debt restructuring, amending and extending its outstanding €1.4 billion obligations with creditors.
• The new package includes a privately placed €525 million senior bond and a €795 million bank loan.
• The amended agreement saw new institutional investors and the European Bank for Reconstruction and Development (ERBD) become creditors to the airport. 
• Rothschild acted as financial adviser to Budapest Airport.

Katrin Kostadinova - Data analyst