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Airports

Lower interest on loan buoys Berlin Brandenburg

16 February 2017

Flughafen Berlin Brandenburg GmbH (FBB) has obtained more favourable terms on a loan to safeguard completion and medium-term expansion of Berlin Brandenburg Airport.

The EUR2.49 billion (USD2.63 billion) credit agreement was originally negotiated in July 2016, but FBB stated on 14 February 2017 that it was able to agree lower interest payments.

"We have been able to meet all requirements for dispensation of the shareholder capital, as well as the requirements of the banks, allowing us to realise the credit agreement," said Heike Fölster, FBB chief financial officer.

The loan backs up financial requirements totalling EUR2.2 billion, split equally between the municipal, state, and federal governments, and seven German banks.

Related article: Brandenburg makes progress but challenges remain says FBB

To contact the author of this article, email Ben.Vogel@ihsmarkit.com


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RELEVANT PROFILE LISTINGS

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    BJX/MMLO AIRFIELD REF PT.: N20 59.36 W101 28.51 CFR : 0 MAX RWY LENGTH : 11,480' 3,499 m General Information SURFACE : Rwy 13/31, 11,480' 3,499 m, width 148' 45 m, asphalt, PCN 74 F/C/X/T. AIRFIELD OPERATOR : Grupo Aeroportuario del Pacifico, Km 5.5 Carretera Silao-Leon 0, Col. New Mexico Silao,

  • HEWANORRA INTL

    UVF/TLPL AIRFIELD REF PT.: N13 43.99 W060 57.16 ELEVATION : 14' 4m CFR : 8 MAX RWY LENGTH : 9,000' 2,743m General Information SURFACE : Rwy 10/28, 9,000' 2,743 m, width 148' 45 m, asphalt. RUNWAY LIGHTING : Rwy 10: MIRL, single row CL, PAPI.Rwy 28: MIRL, PAPI. NAVIGATION AIDS : VOR/DME

  • ISFAHAN INTL

    IFN/OIFM AIRFIELD REF PT.: N32 45.03 E051 51.40 ELEVATION : 5059' 1542m CFR : 0 MAX RWY LENGTH : 14,425' 4,397 m General Information SURFACE : Rwy 8R/26L, 14,425' 4,397 m, width 148' 45 m, asphalt. ADDITIONAL RUNWAYS : Rwy 8L/26R, 14,425' 4,397 m, width 148' 45 m, asphalt. ALTERNATIVE NAME(S) :

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    SSG/FGSL AIRFIELD REF PT.: N03 45.18 E008 42.31 ELEVATION : 76' 23m CFR : 0 MAX RWY LENGTH : 9,646' 2,940m General Information SURFACE : Rwy 05/23, 9,647' 2,940 m, width 151' 46 m, concrete. RUNWAY LIGHTING : LIRL, REIL, PAPI. NAVIGATION AIDS : VOR-DME (Malabo, ID MBO, 114.5 KHz, 1.0 nm); NDB

  • SHIRAK

    LWN/UDSG AIRFIELD REF PT.: N40 45.01 E043 51.33 CFR : 0 MAX RWY LENGTH : Ft M General Information SURFACE : Runway ID Ft M WidthFt WidthM Surface PCN AIRFIELD OPERATOR : Armenia International Airports (CJSCZ), Vartnots International Airport, Gyumri, Armenia. PHONE : +374 10 49 30 00 FAX :

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