Fraport signs bridge loan for Lima airport

Fraport signs bridge loan for Lima airport

Loans Debt Project & Infrastructure Finance Peru Europe

Lima Airport Partners (LAP), owned by German airport operator Fraport, said Friday that it signed a $450 million loan from four banks to fund its investment plans at the Jorge Chávez International Airport through 2022. KfW IPEX-Bank, Scotiabank, SMBC and BBVA provided the loan with SMBC as LAP's financial adviser and Scotiabank as the administrative agent. Rodrigo Elías Medrano and Paul Hastings were LAP's legal advisers, while Garrigues and Milbank advised the lenders, according to a statement

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