Allen & Overy (A&O) and Slaughter and May have taken lead roles on a £1.2bn refinancing for Gatwick Airport. The refinancing, which closed last week ( 2 March), saw Slaughters act for Gatwick Airport and its largest shareholder Global Infrastructure Partners (GIP), with A&O advising the lead arranger Royal Bank of Scotland. The two-part refinancing comprised a £600m bond issue combined with a new £600m bank loan, with the deal fully refinancing GIP’s £1.5bn acquisition of Gatwick from BAA in 2009.
March 10, 2011 at 08:06 AM
1 minute read
The original version of this story was published on Legalweek
Allen & Overy (A&O) and Slaughter and May have taken lead roles on a £1.2bn refinancing for Gatwick Airport.
The refinancing, which closed last week ( 2 March), saw Slaughters act for Gatwick Airport and its largest shareholder Global Infrastructure Partners (GIP), with A&O advising the lead arranger Royal Bank of Scotland.
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